NEW MEXICO AND ARIZONA LAND COMPANY, LLC
"NZ"
"Nothing more powerfully creates heritage than the imaginative use and stewardship of land."
--- Frank Lloyd Wright
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NEW MEXICO AND ARIZONA LAND COMPANY, LLC "NZ"
"Nothing more powerfully creates heritage than the imaginative use and stewardship of land." --- Frank Lloyd Wright
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NZ Uranium, LLCNZ Uranium, LLC holds claim to 117,000 acres of uranium mineral rights in the Crownpoint area of New Mexico. The past twelve months have seen a 100% increase in value due to anticipated shortages and concerns over fossil fuel supplies: Uranium Graph: 2002 to 2004
Source: The Ux Consulting Company, LLC A consulting geologist's report has estimated that probable and possible uranium reserves total 40 million pounds, all amenable to the in-situ leach process. Mining costs are about $15 per pound and the current market price is shown in the chart above. Prices peaked at $40 when the market was hot. NZ received over $22 million in royalties during the last uranium boom. Russian military supplies have been depressing the market combined with the "anti" nuclear policy pervasive in many nations. During the Clinton administration and post-Chernobyl period, the nuclear industry suffered. At some point in the future, energy experts agree that we will have to tap back into nuclear energy, solve safety issues and produce the vast majority of our electricity. In 2001, President Bush added nuclear power back into the core US energy plan. On September 27, 2004, the price per pound hit $20.00. The New Energy Bill, if it ever passes, provides significant incentives for Nuclear Power Plants and may prove to be the jump-start needed for the USA uranium market. Worldwide production capacity has fallen far below annual consumption in existing nuclear power plants. Most of the world's current uranium production is based upon term contracts at prices substantially above spot market.
Crownpoint Statistics
Uranium EditorialsRalph Kettell's Editorial - June 2004 Ralph Kettell is the President and founder of Concentric Energy Corp. Concentric Energy Corp. is a private uranium resource and exploration company and has property positions in Arizona, New Mexico, and Nevada. Concentric currently controls 70M plus pounds of U3O8 which were drilled out to the reserve and resource categories by major oil and energy companies in the mid 1970s.
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By
the end of this century, experts project that nuclear-generated electricity will
exceed that produced by all fossil fuels based on the current rate of fossil
fuel depletion. These latent assets will be of incredible value someday - 10
years or 50 years from now.
