uraniumpoweringthefuture

Uranium equities have continued their downturn after a period where it appeared we may have been
flat-lining. Unfortunately for those still holding, many of these stocks dipped further in recent trading
days resulting in a new all-time low for theinvestar's Canadian Uranium Average (TICUA). We noticed
during those down days that volume spiked on many of the smaller uranium stocks included in the
average as well as those which we follow on the side. Some of these stocks reversed course during high
volume days and finished up after being down 5-10% which brought to mind the word capitulation. Even
if the uranium mining stocks have reached a bottom, it will take some time to achieve the highs set in
previous years as many stocks would need to triple just to get back in the neighborhood of their old
highs.

For all the good "spin" and taxpayer dollars funneled to ethanol and biofuel production over the past
decade, it is time to seriously consider the ramifications of this policy on futures markets, the
environment, and most of all our food supply. We here at theinvestar.com, LLC have continually argued
against burning food rather than drilling for further oil supplies and are convinced that this is an issue
which must be confronted sooner rather than later. At some point in the future American politicians are
going to have to stop delaying until tomorrow problems faced by the country and take serious and
responsible stands on real issues. We see a future where "renewables" and "fossils" can coexist and
complement each other. Goals will have to be set, and they must be realistic (solar power is not going to
power the whole United States- let alone a large state such as California, New York or Texas) or these
policies will fail. Most importantly though, is the fact that nuclear power will have to be the "keystone" to
any successfully planned policy. You cannot have energy 'independence' yet be dependent upon such
variables as sunlight in the day- I for one would like to be reassured that my refrigerator is not going to
shut off each night when the sun sets upon America and have to dispose of all my melted frozen foods.

Nuclear power is a safe, efficient, and non-carbon dioxide producing form of power. Today it produces
around 20% of the United States' electricity needs, and if we as a nation are serious about switching our
vehicles to electricity from oil then we will most surely need to not only replace but also add more nuclear
power stations to our aging fleet in the not too distant future. Plans are on the board for between 20 to
45 new nuclear power stations in this country over the next 30 years, but if these stations are being built
to replace coal fired plants as well as a small number of oil burning stations, then many more nuclear
stations will be needed. Today it appears that nuclear power falls under that 'blue state' v. 'red state'
game of politics, but in the past nuclear has been an option which has transcended political lines, ties,
and biases for the advancement of the country.

If you are having trouble believing this, look no further than Illinois. This is a state which bleeds dark
blue due to in large part to Chicago, America's third largest city. With its huge electricity demands,
Illinois allowed 21 nuclear power stations to be constructed within its borders over the past 50 years or
so. If you have ever driven through the state you can relate to the spectacle of seeing clear blue skies
over farms for miles and as you drive down the interstates you notice large swaths of white "clouds"
coming from a spec on the horizon. As a child it amazed me, and I even imagined a volcano or
something ahead. Each time it turned out to be but a nuclear power station emitting harmless water
vapors into the air while powering one of America's greatest cities in the process.

New York City even gets 20% of its electricity needs from nuclear power generation. Although such
notable political figures such as Senator Hillary Clinton and Senator Chuck Schumer have called for
nuclear power stations to be closed, including the one powering much of New York City, they have not
found a way to replace that kind of generating capacity with renewables or even coal or natural gas.

One should take note that utilities such as Exelon are reporting strong earnings in the face of higher
coal, oil and natural gas costs. These utilities are giving full credit to their nuclear units as they are able
to export cheaply generated power across the country to sell to other utilities at higher prices. This
proves that nuclear facilities are profit centers, and after the new plants now under construction come
online the point shall be reiterated for those still not convinced.