Wednesday, September 26, 2007

Why Forex Market?

Forex, FX and the Forex market are some widespread terms you would have heard for the Foreign Exchange market. In fact it is the major economic market in the globe, where currency is vended and purchased liberally. In its current situation the Forex market was started in the seventies, while free swap rates were initiated, and only the members of the marketplace decide the cost of one currency next to the other happening from requirement and supply. To the degree that the liberty from any outside control and free rivalry are concerned, the Forex market is an ideal market.

With an every day income of over trillions of dollars, the Foreign Exchange market carries out more than two times the collective quantity volume of the United States Equity and Treasury markets amalgam. This market is an over-the-counter market were purchasers and disbursers carry out foreign exchange trade by making use of different modes of communication.

Forex market doesnt have any bodily location or central swap. Because the Forex market dont have a bodily exchange, the market actually trades without any stoppage moving to each of the worlds chief fiscal centers everyday. The activity which takes place is for about trillions of dollars. From year 1997 to the conclusion of year 2000, every day Forex trading quantity rushed around from US$5 billion to US$1.5 trillion and extra. It is actually hard, if not unfeasible; to decide a completely precise numeral since business is not federalized on a swap. But one main thing is confirmed that the Forex market persists to grow at an extraordinary rate.

Previous to world meeting advancements of web, only huge corporations, international banks and rich person possibly will trade currencies in the Forex market by utilizing proprietary trading systems of banks. These systems needed to the extent of US$1 million to start an account.

Forex trade is a continuous market where currencies of different nations are sold and purchased. This is usually done via Fx brokers. Foreign currencies are continually and at the same time purchased and vended across local and global markets while traders augment or bring down worth of an investment on the movements of the currency. The market conditions can alter anytime in response to real-time events so it is also measured to be an extremely unstable and easily broken market too. Conditions of the Forex market is never stagnant they keep fluctuation per second.

For business persons, Forex trading offers a substitute to stock market trading. Here are not many choices as stock market, just have to choose from the few chief currencies such as the Dollar, Yen, British Pound, Swiss Franc, and the Euro are the most accepted and popular. Forex trading moreover offers a lot more influence than stock trading, and the investment of smallest amount to get on track is a lot minor. Besides that the aptitude to pick trading hours according to your flexibility (as it goes 24 hours a day) and now you may learn that why stock traders have jumped to trade currencies.

Uma is a Copywriter of Forex Trading She written many articles in various topics such as forex day trading,forex trading system. For more information : contact her at

No Load Mutual Funds: Boost Your Portfolio's Returns

Investors who exclusively use broadly diversified, no load mutual funds for their stock investments often lose out on opportunities to increase the reward potential of their portfolios. This article looks at two methods investors may use to enhance the performance of their portfolio of diversifed, no load mutual funds.

Diversify, diversify, diversify!

Rebalance your portfolio periodically.

These have become the mantra in the post dot-com era. Stocks, bonds, and cash typically form the major asset classes for constructing portfolios of no load mutual funds. Lot of emphasis rightly gets placed on the percentage of assets allocated to no load mutual funds of different asset classes. However, the division of assets within a particular class does not nearly get the attention it should.

All too often, investors exclusively use broadly diversified, no load mutual funds for their stock investments. Fidelity Magellan Fund (Nasdaq: FMAGX) and Fidelity Contrafund Fund (Nasdaq: FCNTX) are examples of popular Fidelity funds investors commonly use. By following this approach, investors often miss out on opportunities to enhance the reward potential of their portfolios.

In a related article, we have looked at how investors can use sector funds to construct a diversified, no load mutual fund portfolio. In this article, we look at how investors can use sector funds to enhance the performance of their portfolio of diversified, no load mutual funds. Although Fidelity funds are presented as examples, the concepts outlined here can be implemented using sector funds managed by other institutions such as Vanguard or T. Rowe Price.

Sector funds confine their investments to a particular sector of the economy. Fidelity funds managed under the Select Portfolios are sector funds. For example, Fidelity Select Energy (Nasdaq: FSENX) is a no load mutual fund that focuses its investments on various segments of the energy industry such as integrated oil companies, oil and gas exploration and production companies, and oil field service companies.

So how does one use sector funds to increase the performance potential of a portfolio of diversified, no load mutual funds?

Focus on sectors with growth opportunities. An investor having a portfolio of diversified, no load mutual funds may commit a portion of her assets to sector funds that focus on areas having significant growth opportunities, e.g., electronics or software. Some financial professionals call this the core and satellite portfolio approach where the diversified, no load mutual fund is the core and the sector fund is the satellite holding. Investments in Fidelity funds like Fidelity Select Electronics (Nasdaq: FSELX) or Fidelity Select Software and Computer Services (Nasdaq: FSCSX) can enable the investor add emphasis on growth sectors such as electronics and software, respectively.

Take a proactive approach to sector investing through sector rotation. Like in the previous case, an investor having a portfolio of diversified, no load mutual funds commits a portion of her assets to sector funds. With this approach, the investor however seeks to maximize the potential of the portion of assets committed to sector funds by periodically switching assets into sectors with higher expected returns.

For example, until not too long ago, major corporations pruned technology related capital spending whereas falling interest rates kept consumer spending strong. To profit from such secular trends, an investor may choose to invest in Fidelity funds such as Select Consumer Industries (Nasdaq: FSCPX) and Select Leisure (Nasdaq: FDLSX) while avoiding Select Technology (Nasdaq: FSPTX).'s research indicates that sector rotation has the potential to outperform the market averages on the basis of relative returns as well as risk-adjusted returns. To employ this approach effectively, you need to understand and follow the dynamics of the individual sectors. You must also be able to make informed decisions on sectors to select and sectors to avoid.

The Impact on Your Portfolio. Strong performance from a portion of assets committed to sector funds can materially enhance the return of your portfolio of no load mutual funds. Fidelity funds such as Select Electronics and Select Software and Computer Services sport 10 year average annual returns of close to 18%; this is nearly twice the 10 year average annual return of 9.4% for the Fidelity Magellan Fund. Using tactical, infrequent rotation of assets among sectors, the AlphaProfit's Focus model portfolio has increased at an average annual rate of 34.4% since 1993.

So what do these return rates translate to you in dollar terms? A $100,000 investment in a diversified, no load mutual fund that grows at 10% per year results in $259,374 at the end of 10 years. If the same $100,000 is divided such that $85,000 is invested in the same diversified, no load mutual fund growing at 10% per year and the remaining $15,000 is invested in sector funds growing at 30% per year, the assets will total $427,256 at the end of 10 years. That is $167,882 or 65% more than the $259,374 resulting in the former case.

Thus by allocating even a relatively small, say 15%, of the total portfolio of no load mutual funds to sector funds, you can dramatically increase your returns.

Key Points to Remember

1. Investors who exclusively use broadly diversified, no load mutual funds for their stock investments often miss out on opportunities to enhance the return of their portfolios.

2. Sector funds can serve as a valuable return enhancing booster for an investor owning a portfolio of diversified, no load mutual funds.

3. Investors may choose to take a passive long-term approach to investing in sector funds that target high growth sectors of the economy. Alternatively, an investor can take a proactive approach to maximize the potential of sector funds by periodically switching assets into sectors with higher expected returns.

4. Investors willing to look beyond broadly diversified, no load mutual funds have a powerful ally in sector funds. Such investors can materially increase portfolio returns by committing a relatively small fraction of their total assets invested in diversified, no load mutual funds to sector funds.

Notes: This report is for information purposes only. Nothing herein should be construed as an offer to buy or sell securities or to give individual investment advice. This report does not have regard to the specific investment objectives, financial situation, and particular needs of any specific person who may receive this report. The information contained in this report is obtained from various sources believed to be accurate and is provided without warranties of any kind. AlphaProfit Investments, LLC does not represent that this information, including any third party information, is accurate or complete and it should not be relied upon as such. AlphaProfit Investments, LLC is not responsible for any errors or omissions herein. Opinions expressed herein reflect the opinion of AlphaProfit Investments, LLC and are subject to change without notice. AlphaProfit Investments, LLC disclaims any liability for any direct or incidental loss incurred by applying any of the information in this report. The third-party trademarks or service marks appearing within this report are the property of their respective owners. All other trademarks appearing herein are the property of AlphaProfit Investments, LLC. Owners and employees of AlphaProfit Investments, LLC for their own accounts invest in the Fidelity Funds mentioned in this report. They may for their own accounts also buy, sell, or hold long or short positions in any of the other securities mentioned in this report. AlphaProfit Investments, LLC neither is associated with nor receives any compensation from Fidelity Investments. The investment returns and examples provided above are solely for illustrative purposes. Past performance is neither an indication of nor a guarantee for future results. No part of this document may be reproduced in any manner without written permission of AlphaProfit Investments, LLC. Copyright 2004 AlphaProfit Investments, LLC. All rights reserved.

About The Author

Sam Subramanian, PhD, MBA is Managing Principal of AlphaProfit Investments, LLC. Sam developed the ValuM Investment Process for managing investments. He edits the AlphaProfit Sector Investors' Newsletter. For the 5 year period ending December 31, 2003, AlphaProfit model portfolios increased by up to 288%, a compound annual return rate of 31%. To learn more about AlphaProfit and to subscribe to the FREE newsletter, visit:

Risks To Consider Whenever You Trade Penny Stocks

The world of penny stock trading has been touted as the gateway to riches beyond your wildest dreams. Fortunes, it has been claimed, can be made in a single trading session. Those with a few hundred or thousands of dollars can become millionaires almost overnight, and all of those who have do not hesitate to tell the world about it.

But what those who have succeeded in the penny stock market invariably fail to mention is that for everyone on the winning side of a trade there someone who is either risking or losing money on the other side. Whoever decides to trade penny stocks should realize that his or her chances of losing big are at least as great as the chances of winning big. What are the precise risks to be faced by anyone wanting to trade penny stocks?

The penny stock market is far and way the most volatile of all the stock markets. Anyone wanting to trade penny stocks need to perform extreme due diligence before investing in a company, because the price penny stock can change direction in a minute, and for no discernible reason. If you arent watching closely, you will not only miss your chance to lock in a profit, you may be on your way to a serious loss.

While the phrase penny stocks may make you think you can trade penny stocks like you play penny ante poker, the phrase is misleading. Even if a single share of a companys stock is less than a dollar, most of those who trade penny stocks trade them in lots of a thousand or more. When you trade penny stocks in those amounts, the amount of money at stake is not trivial.

Another risk faced by those who trade penny stocks is that the penny stock market is home to many a bogus company established simply to print and hype its own shares. There have been unscrupulous individuals who set up fake corporations simply to sell the IPO shares and walk away.

Many penny stocks have their price supported by nothing except fluff press releases and ads paid for by stock promoters. Often these efforts will lure people into a stock, and when they come in, the stock promoters get out and the stock promotion ends. Because the company itself has no substantial value, and there are no more new buyers being enticed by hype, those in the stock will have a very time selling their shares, and the stock price will collapse.

Anyone who wants to trade penny stocks needs to be able to tell the difference between a company supported by hype and one which has real substance.

The safest way to trade penny stocks is to have a game plan and stick too it. Pill you capital out of a stock as soon as you can, and either let your profits ride, or used them to invest elsewhere. That way you are always risking someone elses money, and the stress that normally comes when people trade penny stocks will pass you by.

You can also find more info on Penny Stocks and Investing In Penny Stocks is a comprehensive resource to get information about Penny Stocks.

Software Development Company

Software development companies in India have grown largely over the past couple of years with major IT giants establishing their base. There was a time when the word IT was alien and everybody looked at the IT industry in awe. But today, the number of software development companies in India has increased to a number no one could have ever imagined.

Software companies in India are providing all kinds of IT solutions under one roof apart from outsourcing their services globally. The demand for Indian companies is rising because of the incredibly good quality and low cost services that are being provided. Indian software development companies have already created a strong foothold for themselves in the industry. Today nobody else can think of over taking the IT boom in India. But with the growth of software development companies in India, the challenges are growing as well.

This growth has led to a huge competition between software development companies. Every company is working to outdo each other to climb the ladder of success. This has increased the demand for software developers. Skilled developers are being paid highly by multinationals. The key is to possess good IT knowledge and skills. One should learn as many languages as possible. Good command over the English language and communication skills are an added advantage.

Apart from good manpower, the right balance between quality and cost, a software development company needs to pay attention to the budget planning and project management. Technical skills and business skills are also equally important. Attention also has to be paid to services in terms of innovation, skills, cost, time and quality. Knowledge management and team management are of equal importance.

There are a lot of factors that need to be kept in mind for growth in the industry today. IT finds itself as one of the top five prioritized sectors in Indian business. Support can be taken from the Indian government to maintain stability in the IT market. Software development is a growing sector and with the right skills, one can reach out for the stars.


Technology Center

Binary Semantics

Plot No. 38, Electronics city

Sector 18, Gurgaon-122 015, India

Phone: +91.124.4017660

Fax: +91.124.2397655

Offshore Software Development Company | Software Development India | Web Hosting Services India

Forex Signals 3

Timing is the key in the markets. You might have heard of this several times that the market indicators are used to predict the entry. The better the timing of these signals and indicators, the better the edge of the trader. Market edge is what you need when you are looking for the forex signals.

The observation of the signals start by looking at a singal bar on the daily chart. According to the Dow theory, an uptrend is a series of ups and a down trend is a series of downs. Keep it simple. This is what you should look for timing the markets. Up closes with good follow through and volume is required to see if the market is in an uptrend. The same process is true with down trends when the closes are down and the volume is good. As the volume dries, you will see that the bars shrink in size or in other words the range shrinks.

Another question is why the range shrinks and expands differently in the forex markets? It is true with other forms of markets also but commodity and future markets are more volatile sometimes. The answer is not simple and will require pages and pages of examples and analysis but I will try to explain. When there is range contraction, there are two basic reasons. One there is an absence of big players in the markets and the floor traders are active at this point. This point is further explained by the shrinking of the range after the New York close around 4 to 5 PM EST. This is when the big institutions close. The time the market expands again is around 2 AM EST when the banks open in London and Asian counties link Singapore and Japan. So the big players are required to move the big markets like forex.

The other reason is the auction theory which says that the market auctions up till it finds a seller and the market auctions down till it finds a buyer. The spikes in prices are the areas where forex markets rush up and down to find buyers in down spikes and sellers in up spikes. This is the reason why the spikes are over 50% areas of exhaustion. We will continue our discussion on market timing signals. I hope you have understood the basic concepts in the three articles on forex signals.

Adnan Kaleemi is a Registered Commodity Trading Advisor and has been advising Forex traders all over the world in more than 60 countries for the last five years. He is currently registered with the commodity and futures trading commission in the US. He reaches global forex traders where he provides daily forex market timing signals and forecasts in the major currency pairs EURUSD,GBPUSD,USDJPY and USDCHF along with money management strategies. At you will find informative articles, newsletters and other tools which will help transform your Forex Trading.

The Uranium Bull Market Keeps Getting More Bullish

China Demand for Uranium, World Growth in Electricity Demand to Drive Uranium Price Higher

Industry expert says all new production already factored in uranium price We are consuming far more uranium than we are producing worldwide, explained David Miller, Wyoming legislator and recently appointed president of Strathmore Resources (TSX-V: STM; OTC: STHJF.PK). All the new production is already factored into the future market for uranium. Were underwater right now without building one more nuclear power plant. Nuclear reactor requirements have far outstripped current mining production (see chart below) for the past two decades. Current worldwide production is more than 80 million pounds, but the demand for uranium, which fuels nuclear reactors, is running an annual deficit of approximately 60 million pounds.

According to a World Nuclear Association report on uranium supply, published this past September:

the world's present measured resources of uranium in the lower cost category (3.5 Mt) and used only in conventional reactors, are enough to last for some 50 years Further exploration and higher prices will certainly, on the basis of present geological knowledge, yield further resources as present ones are used up so a significant increase in exploration effort could readily double the known economic resources, and a doubling of price from present levels could be expected to create about a tenfold increase in measured resources, over time.

Electricity: Uraniums Supply and Demand Problem

Were not going to run out of uranium, but where will the price go to encourage new production? asked David Miller. We are around over $33/pound now. Could it double again? It wouldnt surprise me at all. Kevin Bambrough, a research analyst for Sprott Asset Management, heartily agreed with Mr. Miller, saying, We have just started a long term uranium bull market that will end in a uranium mania as utilities and countries drive uranium prices to unbelievable highs as they compete to secure supplies."

That driving force is demand for more electricity. Over the past 25 years, total world energy use expanded by almost 50 percent, with stronger growth in electricity usage. Demand for electricity is increasing far more rapidly than overall energy use. Electricity demand has been projected to grow 2.8 percent annually through 2010, and substantially more between then and 2020. About 2 billion people currently have no electricity access, and with United Nations forecasts of world population growth by 1.5 billion people in 2020, electricity demand will continue to grow.

As an interim solution to the greenhouse gas problem and climate changes (e.g. the worst Atlantic hurricane season since record-keeping began), a growing number of countries are investigating nuclear energy to solve their burden of a soaring electrical demand. Presently, there is as much electricity generated by nuclear power as was provided by all sources worldwide in 1960.

Nuclear power generates more than 16 percent of the worlds electricity, nearly 24 percent of the OECD and 34 percent of the European Unions electricity needs. In an April 2005 speech to the National Small Business Conference in Washington, President Bush announced, Nuclear power is now providing about 20 percent of America's electricity, with no air pollution or greenhouse gas emissions. Nuclear power is one of the safest, cleanest sources of power in the world, and we need more of it here in America.

Demand for electricity is projected to impact other commodities as well, not just the price of uranium. In the Energy Information Agencys Annual Energy Outlook 2005, U.S. electricity demand will bring about increases in natural gas consumption. By 2025, the electric power sector will account for 31 percent of total demand for natural gas, as consumption increases from 5.0 trillion cubic feet in 2003 to 9.4 trillion cubic feet in 2025.

Chinas Demand May Be Greater Than Anticipated

Today, 441 nuclear power reactors in 31 countries provide more than 16 percent of the worlds electricity. In 2003, that was 2525 billion kilowatt hours. Eleven countries are constructing thirty more reactors, mainly in China, but also in Russia, Japan and Korea. The International Atomic Energy Agency has projected at least 60 new power plants will be constructed over the next 15 years. By 2020, nuclear powers electricity production share will increase to 17 percent.

China is the future wild card, said Miller. Their current uranium demand is miniscule. They have a small nuclear industry. They may have three or four thousand megawatts of capacity. Their uranium demand is only about 4 or 5 million pounds per year. They meet that internally from their own uranium deposits. But what they are planning for nuclear is probably the most aggressive program in the world. I visited China in 2003 to teach ISL (in situ leaching) uranium geology and ISL mining techniques to a couple of institutes. At that time, they were talking about building two new nuclear power plants per year for the next 20 years.

But as Miller observed, they may have more ambitious plans. He added, Since then, I have heard of more aggressive programs. One article I read recently was entitled, Let 1000 Reactors Bloom. That is more than 200 percent of the nuclear reactors we now have on earth. I believe that is what the Chinese will be doing in the next 40 50 years, converting nearly 100 percent of their electrical generation from nuclear power. Currently, China is generating less than three percent of their electricity from nuclear energy.

Miller speculates of how this might impact the price of uranium, If they are building nearly three times the world fleet in just China, then that would be about 500 million pounds of uranium demand from China in fifty years. Other companies are announcing new nuclear power plants. What does that mean for the price of uranium? Miller concluded, So, the demand for uranium is going up. I think the growth in demand will be more rapid than we realize.

Uranium Mining: A Slow Process

David Miller, who was previously interviewed by in June 2004 (view article), reflected on last years forecast, I thought $30/pound was sufficiently high to encourage enough new production around the world. But there are major issues with supplying the increasing appetite of the burgeoning nuclear power industry. Miller warned, The problem with encouraging new production is you dont turn these things on and off. The only uranium, coming onto the market in addition to whats already planned right now, will come from the already-discovered deposits.

Two years from now, Miller thinks the spot price of uranium could double again. There are going to be a lot of people trying to put uranium mines into production, but it is not an easy process. Permitting requirements in countries where most uranium is mined are roughly comparable. If you havent done any work, after a discovery, it still will take about four to six years to mine in any of those areas.

In early 2004, there were probably less than twenty uranium producers and exploration companies. Since then, the number of uranium exploration companies has jumped to more than 200. Miller warns investors that it could take up to 12 years for a grass roots project to begin mining yellowcake. Miller explained, Starting, finding, permitting and mining a project is probably going to take a minimum of 12 to 20 years. From the start of the exploration program to defining the ore body, after you make a discovery, to starting the background and permitting process, to development and then finally mining its going to take a long time.

Through 2005, many uranium exploration companies announced new projects throughout Canada and the United States. Miller did not see how their efforts would immediately alleviate the uranium supply crunch, If you are talking about any of those, such as in Labrador or the Yukon or in the basins outside the Athabasca Basin, or even within the Basin, for those that are just now doing their first exploration, you are talking the year 2020 before those could come online and supply uranium to the world market.

But, what about the worlds richest concentrations of uranium in Canadas Athabasca Basin? Will they help stem the rising uranium price? In a nutshell, Miller says no. He explained, The next one to come online is Cigar Lake, but it was discovered over 20 years ago. Cigar Lake may come online in 2007 or 2008. There is another one called Shea Creek, which was discovered by Cogema more than a dozen years ago. They are having some very good results on that. Could they start the permitting process on that one in the near future? Absolutely, Miller responded. But you are talking about 8-10 years before that one could come online. It might be close to 2015 before it could bring any uranium to the world market.

The future largest producing uranium mine in the world is likely to be Olympic Dam in Australia. Its basically a copper mine with uranium grades. On October 27th Hong Kong-based institutional advisor Marc Faber, and author The Gloom, Boom and Doom Report, told Dow Jones newswire that he thought copper prices would fall by as much as 40 percent. (Note: Marc Faber also said, Id be a physical buyer of uranium.) What happens when copper is $0.50/pound? What will be their cost of producing that uranium? asked Dave Miller. Olympic Dam is low grade uranium, less than 0.05 percent U308. Their cost to operate the uranium portion of that will go up, if copper prices go down. It would make their cost higher, and they would be less inclined to sell it at a low price.

Where else do utilities turn for their growing uranium needs? There are big known deposits in Australia, and one that has hundreds of millions of pounds of uranium in it. But, it happens to be adjacent to, and possibly partly in, one of Australias national parks. In other words, utilities are likely to be paying more for their uranium as this decade progresses.

David Miller argues that some of that uranium production is likely to come from the smaller, but well-capitalized, companies, such as Strathmore Minerals. Our strategy from day one, and we havent veered from this at all, has been to acquire as many known uranium deposits as we possibly could, explained Miller. We started early in this uranium cycle in 2003. We were out there before 95 percent of these other uranium companies even thought of starting uranium companies. We were able to pick up some very good deposits in New Mexico and Wyoming. These are known, drilled-out uranium deposits in the country thats produced as much as uranium anywhere else on earth. Weve taken all that exploration information, where they discovered these old deposits, and have acquired a number of those old deposits. Now, we have opened a permitting office in New Mexico and starting the permitting process to put those into production, somewhere down the road. We dont know if we can do it in four years or six years. Its a long process and all kinds of studies must be done to get these fully permitted and into production.

But there is a second part to the Strathmore Minerals strategy. Miller announced, Dont ignore the richest uranium province on earth, which is the Athabasca Basin in Canada. Strathmore is the Number One landholder in the Athabasca Basin., even larger than Cameco. We control approximately 3 million acres in Canada, and nearly all of that is in the Athabasca Basin. We have dozen different individual projects in the Basin. We are starting the exploration process on all of those. As I said earlier, exploration takes a long time. We have not made any discoveries yet, and it may be three to five years before we make a discovery.

The case with Cameco (NYSE: CCJ), the blue chip publicly traded uranium producer, may also help fuel uranium prices rally to higher levels. They have forward sold their production. Added Miller, I would bet their average sales price, under contract right now, of the 20+ million pounds they deliver every year is somewhere in the low teens maybe $13/pound plus/minus $1-2. As these contracts mature, and bring on new contracts, that price is going to keep going up, but lag the market. They should keep going up for the next five years.

And that should summarize why uranium prices are unlikely to suffer a down cycle over the next several years.

The Case for Nuclear Energy

As electricity demand grows by leaps and bounds during the 21st century, many of the worlds governments are seriously considering nuclear energy as a safer alternative to coal-fired plants. As many study the safety issues of nuclear-powered electricity, they tend to conclude that nuclear energy may very well provide a healthier, as well as a less expensive, alternative to present power generation methods.

Miller pointed out, In the 1970s, when the anti-nuclear movement was very strong, the U.S. was then mining and burning 600 million tons of coal each year. And now, thirty years later, because the anti-nuclear industry was successful, we are burning 1 billion tons of coal per year, a 50 percent increase in the amount of coal we burn in this country.

According to the Environmental Protection Agency, U.S. air pollution in 1999, as a result of energy from coal, emitted more than 13 million tons of sulfur oxides and nearly 5.5 million tons of nitrous oxides. In a Harvard School of Public Health study, as many as 70,000 Americans are dying each year as a result of air pollution. From sulfur dioxide alone, Harvard estimated that 2400 Americans die for every million tons of sulfur dioxide emitted, or more than 30,000 American deaths annually.

But, air pollution is far worse elsewhere. The pollution levels in China from Shanghai to Beijing are shocking, said Miller. Emphysema kills 5,000 people per year in the coal mines. They need nuclear power, probably more than any area on earth, to clean up their air.

About David Miller:
David Miller, P. Geol.
President & COO, Strathmore Minerals Corp.

David worked for over 20 years with Pathfinder Mines Corporation/Cogema, the second largest producer of uranium in the world, the last 4 years as its chief geologist for in-situ operations in the US. Mr. Miller has over 25 years of experience in the exploration and acquisition of uranium properties. He has also consulted in uranium exploration, mining, and "in-situ" recovery for the International Atomic Energy Agency (IAEA) in Vienna. In association with the IAEA, David also taught uranium geology, exploration and ISL mining practices at the Beijing Research Institute of Uranium Geology and Mining. Mr. Miller is also an elected member of the Wyoming Legislature. His committee assignments include the Minerals and the Energy Council. Mr. Miller has been the key architect behind the Strathmore Mineral Corp's property acquisition strategy in the U.S. in identifying drilled out in-situ leach recoverable uranium properties in Wyoming and New Mexico.

November 16, 2005
By James Finch

COPYRIGHT 2007 by StockInterview, Inc. ALL RIGHTS RESERVED.

James Finch contributes to and other publications. StockInterviews Investing in the Great Uranium Bull Market has become the most popular book ever published for uranium mining stock investors. Visit