Markland AGF Precious Metals Corp T.MPM

Debating the Outlook on Uranium

[lawnmoredan]

Debate is good,confirms direction good or bad.Nothing worst then a bunch of yes men masageing ego's.Dines point is one I'am investing on and have done extremely well so far todate on uranium stocks.But one must keep there eyes open to the real threats to this concept.Pebble reactors-the use of "Thorium" instead of uranium,to mention two.China has and is perfecting the use of the "PEBBLE REACTOR".India has reactors useing thorium now as we speak.The pebble reactor,holds its uranium in 8 or 9 gram balls(300-450,000) surrounded by a special graphite I see as using substantially less uranium per year then conventional reactors.The pebble reactor holds its uranium for a "THREE YEAR" period before needing to be refilled.This to me means these types of reactors "if" they become widely accepted,will use substantially less uranium per reactor,also they can be easly tooled to run on thorium instead of uranium.Bush is looking intensely at the pebble reactor concept.

[oakesy]

I dont know anything about thorium but if it has to be mined then there`s the chance to invest in it. Why is Thorium better than Uranium . Cost?

[Grant12]

I just read a post the other day that said thorium is $150/oz. Heeluva lot more $$$$ than uranium.

[lawnmoredan]

My point was not cost-It is to open your eye's to the fact that India as we speak has reactors running on thorium and may build more.China is also looking seriously at that process.Thorium sells for $150.00 an ounce,I don't say cost is better.What I'am saying is there is an alternative out there! USA-Bush is also looking at the pebble reactor concept,which can burn either Uranium or

[Grant12]

I'm aware of that fact, as others are too. Also aware of the fact that the cost of reactor fuel is less than 1% (based on uranium) of yearly cost of running a reactor. Now unless thorium burns approx. 60x longer then uranium ($1800/lb. vs. $30/lb.) then, imo, the major reason thorium is being used is due to a lack of uranium. I don't know how much more efficient thorium is than uranium but

[lawnmoredan]

The Pebble reactor,is rapidly becoming the new boy on the block,Dines report has not commented on this.Maybe he thinks it is still 3-5 yrs away, and no current threat. History: (Thor, Scandinavian god of war) Discovered by Berzelius in 1828. Much of the internal heat the earth produces has been attributed to thorium and uranium. Because of its atomic weight

[lawnmoredan]

Some interesting reading regarding -Thorium https://www.wired.com/news/print/0,1294,68045,00.html https://www.hindustantimes.com/news/181_1471875,00040006.htm https://www.cavendishscience.org/bks/nuc/thrupdat.htm