nuclear costs, page-13

It's laughable that any thinking person could consider that nuclear is finished, we are going to need all the power we can get in the future.

Following is a extract from a blog that puts things into perspective


http://www.financialsense.com/financial-sense-newshour/guest-expert/2011/06/22/james-dines/james-dines-on-uranium-the-buy-of-a-lifetime

James Dines: Sure. I think it's one of the great profit opportunities available right now and I'll explain why. The announcement that Germany's going to close down all 17 of their nuclear facilities in the next 11 years made the biggest headlines that you could imagine. It was almost semi-hysterical. It ignited the greens to a glorious glee and, to be honest, seven of those 17 facilities are old and they should have been closed down long ago but in terms of them getting out of nuclear power the headlines almost mentioned Switzerland and Italy getting away from nuclear power and Japan of course. But the press didn't even seem to mention or even notice that at the same time the Saudi's announced that they're going to build 16 nuclear plants. Also, there's no mention of India's plans. They've got over 20 percent of its population that has no electricity at all and has just announced an eight fold - that's eight times the expansion of their nuclear in the next ten years. That's not to mention more atomic power announcements from Taiwan and Brazil and the Ukraine, even Slovenia and Poland. So there is a massive worldwide movement toward nuclear power but the prejudice by the world against nuclear is profound. That's when you can make money when you get in touch with reality and you have a chance to buy some of these stocks that are beaten down.

Holding PEN DYOR