Dear Readers:This post has been some time in the making. Every time we get ramped up to write it, something important comes out in the media that adds the elements of additional perspective or further credibility to the case for nuclear energy {although some prefer "nu-que-lar" energy, and we are too judicious to mention any names, especially those of persons who are 1) in the "awl bid'ness", and are 2) in a position of national leadership as a kind of sideline} and, more specifically, to the case for Thorium Energy.
THORIUM ENERGY, INC. is a privately-held company which holds very significant resources and reserves of both thorium and Rare Earth Elements. If you are in the Lemhi Pass District, the Company's fortune, and the future of abundant energy lies beneath your feet. Literally.
This post involves the simple and occasionally entertaining exercise of connecting the dots. Children often do this. Adults tend to lose the knack. Sadly, many of them have lost their grasp on the concept of a "straight line"... others can not seem to look at more than two dots without getting dizzy. If you have an interest in your future, and in your childrens' futures, now is a particular time to get back into the knack.
- There is a recent article about Thorium Power, Inc. (no relation to THORIUM ENERGY, INC.) and its entering into agreements to provide nuclear technology and various other consulting services to the United Arab Emirates. The UAE, as you might recall, became incredibly wealthy because of the oil industry, especially with OPEC's rise to power some years ago as a result of the Western World's dependence upon fossil fuels! Isn't that ironic? Why would oil barons invest so heavily in thorium energy? I suspect that it is because they have seen the future, and it is thorium. Click on the article http://biz.yahoo.com/bw/080801/20080801005461.html?.v=1
- There is another article (I usually read these while having a glass of warm milk right before bedtime - this practice has gotten me off of sleeping pills) about a temporarily stalled business transaction between British Energy (a large nuclear power provider owned by the British Government and a consortium of financial service companies such as Prudential and Invesco) and France's EDF, a power provider which owns the largest nuclear power plant in the world. While the differences between the parties are as yet unresolved (the British are "disappointed," while the French are "insulted"), the objective was and still is for the British to sell off a significant stake in BE in order to fund additional nuclear power plants. They are prepared to sell off some equity in order to raise funds for more of exactly what their own company does. Why? I suspect that it is because the British are tired of paying exhorbitant prices for petrol at the pumps, and want to take action. Connect the dots. As an American, I believe that the notion of "offshore drilling" is untenable, and I also believe that the American public will start to see this as a business ploy on the part of Big Oil to foster even further dependence, and to thicken their already bulging wallets. As a side note: WE HAVE THORIUM RIGHT HERE. WE ALSO HAVE AN INCREASING INTERNATIONAL MARKET FOR OUR PRODUCT. Read the article by clicking on http://news.yahoo.com/s/afp/20080801/wl_uk_afp/britainenergynuclearcompanytakeover
- In other news, the IAEA (the International Atomic Energy Agency) has approved a plan for inspection of India's nuclear power facilities by the United Nations. This brings India and the United States one step closer to breaking an almost thirty-year policy of prohibition of the sale of fissionable nuclear materials to India, which has not signed international non-proliferation treaties. India wants the "hot stuff" in order to initiate powering of of its thorium-based reactors. Connect the dots. Perhaps I'm a bit cynical, but I believe that the US is opening up a better line of communications with India in order to grab hold of India's rapidly-evolving thorium-based technology. If you'd like, read the article by clicking on http://news.yahoo.com/s/ap/20080801/ap_on_re_as/nuclear_india
The world is moving in the direction of pro-nuclear after too much abuse at the hands of the oil barons. And the nuclear community is clearly moving in the direction of Thorium.
--THORIUM ENERGY, INC.
p.s. Stay tuned for a post about Lanthanum, a Rare Earth Element of increasing value. Jack Lifton of RESOURCE INVESTOR has written an article worth discussing. Its implications are vast. Even better, its implications are wonderful for the value of THORIUM ENERGY's holdings. -DC
p.p.s. If you have a blog or a website, add our THORIUM ENERGY, INC. WIDGET to your site for increased content, traffic and search engine visibility. Did that sound too much like a commercial? Since the WIDGET is free (as well as easy to install), this is not a commercial -- it is, technically, an invitation.
