Google's Major Wind Bid

"Project should generate enough power to serve 1.9M households."

Investors led by technology giant Google on Tuesday announced a five billion-dollar project to power the US East Coast with wind from the Atlantic Ocean.

The project would set up offshore wind turbines and a new transmission grid stretching 350 miles (565 kilometers) from New Jersey to Virginia, the most densely populated part of the United States, which suffered blackouts in 2003.

Rick Needham, director of green business operations and strategy at Google, described the project as a new "superhighway" for alternative energy, creating jobs and eventually providing enough power to serve 1.9 million households.

The companies said they hoped to begin work on the project, called the Atlantic Wind Connection, in early 2013 and complete it by 2020, subject to government approval.

Investors said they would not seek government funding. The U.S. Congress has soured on efforts to battle climate change.

But the Obama administration has backed alternative energy. Interior Secretary Ken Salazar last week approved the first US offshore wind farm near Massachusetts.

The United States is already the world leader in wind energy in the raw amount of energy production. But wind farms are concentrated in sparsely populated states in the Western plains.

Offshore projects have encountered opposition due to residents who find them an eyesore and environmentalists who fear they will harm animals, particularly migratory birds.

Mitchell voiced confidence that the Atlantic Wind Connection would not face significant opposition as the farms will be at least 10 miles (16 kilometers) from the coast.

With the right incentives, wind power could meet one-fifth of the entire world's electricity demand within 20 years.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

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