RE: bought some today , interesting stockProbably a very good idea to pick up this stock, i guess things will be very different a year from now.
And the reason for that can be found in the Gold Report interview with James Passin
“Purdue University has teamed up with a company to develop beryllium-uranium mix oxide fuel technology, which has a potential to revolutionize nuclear power by creating a safer and more efficient fuel.
Mixed oxide fuel has the potential to solve the two major issues of nuclear fuel, one of which is the tendency of nuclear fuel rods to crack before all of the energy is extracted. The other issue addressed by beryllium is improving safety by eliminating the theoretical risk of overheating. By reducing wasted fuel, this technology could offer nuclear utilities the means of saving billions of dollars on a cumulative basis”
Companies like Reliance will FFWD this technology.