THR 4.17% 2.3¢ thor energy plc

china might have to invest in nt u explorers

  1. 7,295 Posts.

    Hello T.M.,

    Following is Your Quote:-/Why is the China Nuclear National Corporation applying as U explorer in the NT???

    THERE IS ALOT OF U IN THE NT !/End Quote

    As I see things T.M., the prime U Prospects in the N.T. have already been staked out by BHP, RIO etc., also THR and many similar exploration Companies therefore the Chinese have some Options , explor the Scraps, wait for some Explorers in become short of Cash and be unable to hold their Exploration Areas,and an interesting position = Invest in Uranium Explorers which come up wih the goods. The recent Cold Snap in China showed how short of Electricity that China is therefore it is only a matter of time before China starts talking about the need of Nuclear Power for Electricity Generation however I think this will not be mentioned before the Olympic Games this Year.

    N o responsibility taken for any losses in association with this Posting.

    Regards,

    moly
 
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