Gyoza Mimi

Profiting from Peaceful Uranium Use

Joseph,

With all due respect, but it is a stretch to call Russia a "nation with lightning-fast armored, mechanized infantry and fine special operations forces". Georgian war showed that nearly 30% of all armored vehicles sent on their own didn't reach destination, breaking down in transit. Georgia managed to shot down numerous Russian planes with its virtually nonexistent air defense system. And Russian special forces showed themselves well in many places - Kosovo (kicked British and American butts by taking over the Pristina airport, just to find themselves asking Brits for food within 2 days due to the ran out food supplies ran), Beslan - murdered 10s of people due to the poor planning and lack of any respect for human life, the theater siege in Moscow - look at the casualties due to the poor planning. So it is a stretch to call Russian military even remotely capable of carrying out any kind of operation besides outright nuclear war or raids to loot unprotected neighboring countries.

U8 is a good subject. From $7 to $137 in no time. However, now it is hovering near 10x price of what it was 10 years ago. It is still a substantial increase, even if it is not $137 anymore. Perhaps in a long run, it may reach above $100 again. But it will be some time before it happens. The Chinese plants are not due for another 5-10 years, and the mid-term supply can be satisfied with the existing resources, including dismantled nukes. During the bonanza of 2007, everyone join the Uranium mining business, so there is no shortage of new discoveries and upcoming mines. What time period do your projections cover?