U308 DemandThis article really spells it out going forward. Bought back in yest after the recent pullback.
France Present Nicholas Sarkozy signs landmark 25-year deal to sell billions of dollars worth of nuclear reactors and fuel to India.
A few days ago the French upstaged the United States’ mighty nuclear reactor construction industry under our very noses in broad daylight making us appear as Homer Simpson napping at the control plant of Mr. Burns’ atomic energy plant in Springfield. Most of the media never mentioned the event. Only one gave it token coverage hidden on pg. A13 without realizing its true significance. French President Nicholas Sarkozy signed a landmark deal with the Indian governme
nt to sell billions of dollars of nuclear reactors and fuel for the next 25 years, while the U.S. is battling in hard economic times, beset by unemployment to maintain a grip on India’s extremely profitable and growing nuclear industry.
The French, Japan, Korea and China are actively building reactors. In fact is that India wants to develop nuclear electricity as a cleaner alternative to coal-based energy to satisfy India’s increasing needs. India is on record of having about 4560 Megawatts of nuclear power now, but desires to multiply that approximately 14 times by 2032. French President Sarkozy recently returned from Mumbai saying that the Nuclear Agreements are “very favorable to the French Nuclear Industry.” Moreover the French are building a state of the art, new generation nuclear reactor in Finland.
The United States is constantly laboring to court India’s very profitable and blossoming nuclear energy industry. President Sarkozy has invaded the 
marketplace which has been historically commanded by America. Admittedly, it is important to protect polar bear habitats, but simultaneously we should defend a sector in which we were pioneers going way back to the Manhattan Project led by Einstein, Bohr, Oppenheimer and Meitner. These visionaries were thrown out of the “Fatherland” because they espoused a new physics that was antagonistic to the classical German rocket technology. This erroneous decision was later regretted by the Nazis as they failed in the race to build “the a-bomb.” 
There is another major crisis over the near term. America is one of the largest users of uranium and a lot of the uranium comes from Russia. More than 90% of uranium consumed in this country is imported. However, that program with Russia is coming to an end by the end of 2013 and the U.S. will need to find alternate supplies. Time to wake up, Homer.
Yesterday, The Russians (ARMZ) purchased Mantra for almost $10 a pound of uranium in the ground. Mantra controls the Nyota deposit and will be able to produce 5 million pounds of uranium a year. This transaction signals that governments and institutional investors are scrambling for control of uranium assets in the ground. These transactions should continue over the next few months as alert foreign nations such as China and Russia are realizing the dire supply demand constraints. Russian uranium requirements have increased evidenced this year by several acquisitions including Uranium One Inc. (TSX: T.UUU, Stock Forum) and (OTO: SXRZF, Stock Forum) which has just received its NRC License on its Moore Ranch project. Other miners in Wyoming are likely targets. The trend is signaling that the suitors will come from overseas as China, with its recent take off agreement with Cameco Corp. (TSX: T. CCO, Stock Forum) and (NYSE: CCJ, Stock Forum) and Russia with its recent purchase of Mantra seem to be the most active investors. I am surprised as the U.S. seems asleep at the switch with many danger signs being alerted.
The readers of my newsletter were notified back in October to build positions in the promising uranium mining sector especially domestic assets and specifically assets found in Wyoming. Wyoming is a mining friendly jurisdiction and there are a lot of miners nearing production. 
Some of the miners out of Wyoming nearing production have made huge percentage gains such as Uranerz Energy Corp. (TSX: T.URZ, Stock Forum). UR Energy Inc. (AMEX: URG, Stock Forum), Cameco and Uranium One as more mines are expected to receive permits to begin operation. Stay Posted.