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Cameco Corporation Message Board

  • thunderr85 thunderr85 Dec 3, 2007 10:06 AM Flag

    Thorium Power

    This $5 million represents the first income stream for Thorium Power. This is huge news for the company, which has no debt and a large sum of tax loss carry-forwards.
    This news is only one piece of the pie.

    Follow Thorium Power.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I am so happy to hear some great news about Thorium Power and it is so exciting to see the first revenue about to come in for this company. I have followed this company since they have acquired Novastar and have been hopeful that many other people will see the great vision the company has. I own THPW and see it as a long term investment.

    • A lot of people on this board are long term holders of thpw. This contract finally legitimizes the company. Look for more announcements in the near future.

      • 1 Reply to uran_on_u
      • No one has pointed out that this 5 mil is only for 15 weeks. they will post 5 mil in revenue this year and probably 17 mil from this next year as they get more money every 15 weeks. I too think this is a very small part of the story.

        They are not allowed to name the entity of the deal yet which means something bigger is going on behind the scenes with this "entity" and deal.

        I'm not sure who the contract is for, but it says a "foreign government-owned entity ", which suggest this is somehting HUGE. It must be a contract with no nuclear program which in this case THPW works with them from the ground up. Once they announce this , this will make the main stream press, as countries going nuclear are big in politics. Thorium Fuel technology be known about by everyone.

        "Thorium Power was selected after a detailed technical review of the company's fuel designs by independent nuclear experts"

        A country must have done a technology review and validated it before the deal....

        Thorium fuel is coming much sooner than most think.

 
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