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Analysis: uranium a big opportunity

Buy when others are fearful. That piece of advice made Warren Buffett one of the world's richest people, and it could make a fortune for anyone prepared to plunge into massively discounted Australian uranium stocks.

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Bunbury
Tim, Tim... you're forgetting again... I can forgive your comment "Nuclear, love it, or hate it, has become an essential part of electricity production around the world". But then you go on to say "If it was turned off tomorrow the world would endure rolling black outs - until more coal and gas-burning power plants were built..." Assume assume... and not a mention that this presents a great opportunity for renewables. Naturally you would then guffaw: "Alternative energy sources such as wind and solar are simply not an option for Japan". Did you not think the new era of Geothermal? Nevver mind. You did redeem yourself a little with: "Grigor's wrong about the beat-up. The Fukushima crisis is real and has been reported responsibly by most media outlets". Well... at least you are not doing a Paul (Murray) Cheers! Hoping that you are being led to greener pastures.

Mt Lawley
Brendan, Brendan Wind, sun, magma - all our problems solved? Please run the numbers. What we are up against now is the sad fact that decisions on energy are not made by engineers. It is a tragedy that TEP ignored sound engineering advice and kept in operation 35+ yo reactors. In a sense it is Chernobyl all over: the people with the power did not listen to the people with the knowledge. We we learn how to fix that little problem life will be much easier.

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