Choice Gold Corp. Unveils New Website

I am wondering if you have considered the impact of cheap shale gas on the future of nuclear capacity, at least in the US. Already this year, more nuclear generating capacity has been taken offline than in any other year. Four reactors have been retired, and five major planned "uprates" -- plant modifications to increase capacity -- have been canceled. One can say that this is a short term effect, and this is just an example of how cyclical the industry is. The usual defensive comment is that natural gas prices from shale can't remain low forever. However, I am not so sure. Credit Suisse did an analysis of the current state of the aging US nuclear facilities and found that 38 reactors had multiple risk factors for early retirement, including 12 reactors he found to be at the highest risk. Among the plants identified with multiple risk factors are Millstone in Connecticut; and Indian Point, Fitzpatrick, Ginna and Nine Mile Point in New York. This does not bode well for the future of nuclear in this country. Vogtle Units 3 and 4 will be the first nuclear reactors to be built in this country in more than 3 decades. We are taking more units off-line permanently than are being built or their operating lifetime extended. Any comments to refute?

I am wondering if you have considered the impact of cheap shale gas on the future of nuclear capacity, at least in the US. Already this year, more nuclear generating capacity has been taken offline than in any other year. Four reactors have been retired, and five major planned "uprates" -- plant modifications to increase capacity -- have been canceled. One can say that this is a short term effect, and this is just an example of how cyclical the industry is. The usual defensive comment is that natural gas prices from shale can't remain low forever. However, I am not so sure. Credit Suisse did an analysis of the current state of the aging US nuclear facilities and found that 38 reactors had multiple risk factors for early retirement, including 12 reactors he found to be at the highest risk. Among the plants identified with multiple risk factors are Millstone in Connecticut; and Indian Point, Fitzpatrick, Ginna and Nine Mile Point in New York. This does not bode well for the future of nuclear in this country. Vogtle Units 3 and 4 will be the first nuclear reactors to be built in this country in more than 3 decades. We are taking more units off-line permanently than are being built or their operating lifetime extended. Any comments to refute?