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Old 05-14-2007, 09:47 PM
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Re: Uranium market

The thing about oil, is that there is relatively little left. There are large areas of unexplored oil territory but a lot of that is in very inhospitible territory which makes it un-drillable i.e: deep deep deep ocean.

Also the Green movement is campaigning heavily against fossil fuels. Here where I live in Victoria, Australia we have vast amounts of coal which we could use to power our plants for well over another hundred years but every day in the paper we hear people complaining about how much it pollutes. On the other hand they don't want nuclear power here either...!?! Crazy greenies they can't make up their mind on anything, i guess maybe they would perfer us to go back to the dark ages lol.

Anyhow, nuclear fuel is a viable source of energy which produces relatively little waste (16 container crates full is the total nuclear waste produced world wide since the world went nuclear). Hydrogen fuel is another option but so far the technolog is not so well developed like nuclear is.

For these reasons I can't help but see the U market keep on going up and up.

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