December 04, 2008 –
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RELATED TICKERS: USU
My anticipation is high to see what happens on December 6th. That date is the deadline to apply for the Department of Energy's loan guarantee program designed to benefit eligible applicants in the nuclear energy precursors sector. The loan guarantee is to the tune of $2 Billion, and though there will be further decisions to me managed, if USEC Inc. is the only truly viable applicant on Dec.6 it's as good as theirs, and that alone could give them a good bump. No other applicant thus far has their ducks properly in a row, i.e. licenses not yet approved. My previous pitch on USU outlines their potential and how far this loan guarantee can take them. [more]
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