![]() If you start to research the mining of thorium ore right now, you mostly run into stories about how to farm thorium in … the virtual lands of World of Warcraft, a massive video game universe owned by Activision Blizzard (ATVI). ![]() That might help to create a market, though I can’t say that I know where thorium comes from these days - presumably it’s produced as a byproduct of some mines somewhere. OK, so … some hope of actual reactors being built and tested that use thorium. “Which is why that desert mine could soon see a flurry of activity for the first time in over a decade.” But they’re all going to require massive amounts of this obscure metal. “Norway recently teamed up with a well-known Japanese manufacturer to bring its first reactor online in Halden. The head of the Indian Atomic Energy Commission has even said the country’s “long-term objective goal” is to use this metal to become “energy-independent.” “India has plans to develop dozens of these types of facilities over the next decade. “In August 2012, China announced it would spend $350 million to develop a state-of-the-art plant that runs exclusively on this resource. ![]() Let’s see if they say anything about that … So that’s the argument for why you’d want to use thorium as your nuclear fuel instead of uranium - though it’s also been the argument for decades, so I’m not sure what catalyst might get us over the hump. In other words: This element is essentially meltdown-proof.” “It has a boiling point of 4,790 degrees Celsius – almost 1,000 degrees higher than uranium. “This metal is also ‘non-fissile,’ which means it won’t react on its own… So you could literally stop and start a nuclear reaction with the flip of a switch. “Even better, a study conducted by the University of Cambridge found that any waste it does produce can be re-used as fuel. Only it produces 10 times more energy… and generates 99.4% less waste. “You see, like uranium, it can be used as a nuclear fuel. “Over the coming months, we believe the value of this metal could rocket as much as 700% or higher. One that’s been considered ‘junk metal’ for more than a hundred years. Geological Survey found that the mine contains massive deposits of an extremely powerful – yet little-known – element. Here’s some more on how they sell the idea of thorium as a valuable asset: So yes, that “little-known metal” is thorium (they don’t keep that a secret in the ad, they just wait a few more interminable pages before revealing it). “I’m talking about a little-known metal that, according to the findings of former NASA engineer Kirk Sorensen, can generate 639,000 times more energy than oil… create 99% less waste than coal… and is four times more abundant than uranium.” “But little did the mine’s operators know that some 11 years later, one “junk metal” contained within its walls would prove to be the most powerful metal on Earth… “This mine – which once produced over 20 million pounds of valuable resources a year – was left to collect dust after competition from China drove it out of business in 2002. “Just 15 miles from the Nevada border, on the edge of the desert, lays an open air pit filled with what could soon be the world’s most precious commodity… So which thorium mine is being touted by the Oxford Club? Let’s check out their clues and get you some answers:
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