All Systems Go for U
Posted by: Fringe in Australia, Environment, GreenE, Politics, Shares, UraniumAs we forecast, Kevvie won the day by a handful of votes to allow U mining in states that want to permit it, while maintaining a ban on nuclear power stations. Perfect for us and our SA and NT U investments, and not so pleasant for all those holding shares with U interests in any other state perhaps. Monday’s stockmarket opening will be very interesting indeed!
Lady Downer pranced out with his rodent master’s logical wedgie, moaning that
The Labor Party’s position on uranium is a classic case of hypocritical opportunism in politics and cynical opportunism.
As a past master of both the above, Lady Downer would of course know. The posturing twit went on to bleat piously that
We think that nuclear power makes a very valuable contribution to reducing greenhouse emissions and climate change is a serious issue, we have to find serious solutions to that problem.
Lady Downer promised to take Rudd and Rann on a junket to vist a Chinese nuclear power station so they can see where Whorestralian U ends up.
At the ALP conference, Rudd floated the generous idea of loans to Joe Blow to introduce water and energy efficiency solutions into their homes - this could be good news also for EVZ. Clean coal was on the agenda as well, with the ALP promising large sums for investment in tech. Will CXY benefit as it should?
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May 1st, 2007 at 4:04 pm
and wouldn’t you know it, I have sold out of all my uranium stocks some months back.
*sigh*
May 1st, 2007 at 4:43 pm
Not to worry - good buying still with BLR and SNU. Still can’t decide which to buy more of or both. I’m keeping an eye on them and have my buy prices set.
I think today the sharks are really out in force, pushing down the prices so they can cream off their bargains. I like following the big fish!