** Full disclosure ** I own 10,000 shares of Urasia Energy
Sparked by sky-high oil prices, nuclear power is making a stirring comeback. In fact, uranium stocks have already generated gains of 1,400% ... 2,600% ... 2,850% ... 4,900% ... even 6,100%.
"Nuclear power is back and not a moment too soon," says Fortune. "Nukes are coming back to life and uranium prices are soaring," states Forbes magazine. And The Washington Post reports: "A global renaissance in nuclear power is gaining momentum."
Even the politicians are getting on the nuclear bandwagon. "We've got to go back to nuclear power," says Senator John McCain (R-Arizona).
And most importantly, President Bush agrees: "Nuclear power is one of the safest, cleanest sources of power in the world, and we need more of it here in America."
Nuclear power is back -- And it is making early savy investors very wealthy.
As you may already know, uranium is the key ingredient in nuclear power. And over the last few years, raw uranium has climbed from $7 to over $40 per pound. That is an unbelievable gain of more than 500%!
However, that is nothing compared to the profits uranium mining companies have generated and produced over the last few years:
* Cameco Corp (CCJ) has skyrocketed 1,030% since 2002
* Frontier Development Group (FRG.TO) has jumped 1,400% since 2004
* International Uranium (IUC.TO) has delivered 2,600% since 2003
* Strathmore Minerals (STM.V) is up 2,850% since 2003
* UEX Corp (UEX.TO) has increased 4,900% since 2003
* Western Prospector Group (WNP.V) has soared 6,100% since 2003
Now sit back and think about those numbers for a second ...
Although most people don't know it, nuclear power already plays a significant role on the global energy scene. According to the Nuclear Energy Institute (NEI), "There are already 103 nuclear plants in the United States, accounting for 20% of our nation's electricity."
And the U.S. Department of Energy reports that there are 442 nuclear power plants operating in 31 countries around the world ... Generating 23% of the world's electricity. Obviously, running all of those plants requires a tremendous amount of uranium. In fact, Forbes magazine reports that nuclear power plants need 180 million pounds of uranium annually ... Unfortunately, only 110 pounds of uranium is currently coming out of the ground.
This supply & demand gap is pushing the price of uranium higher. And the need for uranium is only going to increase. China, India, Japan, Europe, and the United States are all going nuclear at a rapid pace. And according to Forbes magazine, "There are 30 new nuclear plants under construction in 11 countries."
Now, although uranium is plentiful in the earth's crust, there are only a handful of uranium mining companies that can actually get it out of the ground. And you know what that means? Uranium mining companies are making a flat-out fortune, and their stock prices are absolutely soaring.
Which now brings me to the next uranium sensation ready to take off and deliver unbelievable wealth to us early investors ... Urasia Energy !!
Most people don't even know about Urasia Energy yet. That's because it is a newly listed company, and just started trading on the Toronto Stock Exchange in November 2005.
Think about that ...
While most uranium stocks have skyrocketed over the last few years, this tiny company has been sitting on the sidelines unavailable for public investment.
But make no mistake ... Urasia Energy is in the game now, and folks with the vision to get in early can expect staggering profits as the Nuclear Energy Wave rolls out.
Although new to the public, Urasia Energy is already the third-largest uranium producer in the world. They currently have a strong cash position of approximately $147 million in the bank (as of March 29, 2006) ... And generates 1.4 million pounds of uranium annually.
And get this ... the company's chief operating officer invented a low-cost mining technique (ISL) that allows it to flush uranium out of the ground at a ridiculously low cost of $7 per pound. With uranium prices currently over $40 per pound, this company's profit margins are enormous!
Now remember: The world's nuclear power plants need 180 million pounds of uranium annually to function at full capacity ... But only 110 million pounds are being produced. This supply & demand gap will most certainly push uranium prices higher and higher for many years to come.
And here's the best part: This company has a lucrative uranium mining project in Kazakhstan, and already has two new sales contracts under its belt. If that country sounds familiar, it's because it is super-rich with Uranium. In fact, a few years back, a petroleum company named PetroKazakhstan landed an oil project in Kazakhstan and handed early investors a whopping 14,000% gain.
Bottom line: The nuclear revival is pushing the uranium demand through the roof -- And with uranium prices soaring, Urasia Energy stands to benefit and deliver us early investors stunning returns.
Buy recommendation: Accumulate shares under $3.00
Posts: 8 | From: Arizona | Registered: May 2006
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