In just two decades the world's demand for electricity is projected to nearly double!

To meet this rising demand, the worldwide power sector will need to add an estimated 4,800 gigawatts of new electrical capacity to the global grid. To put that into perspective, a city the size of San Francisco requires about 1 gigawatt of electricity to function.

This increase in electrical capacity will require a whopping $9 trillion to build new power generating facilities and to replace aging infrastructure.

$9 trillion is a lot of bread. But coming up with the money isn't the problem. The real problem is this: Between 65% and 70% of the world's electricity is currently generated using fossil fuels, mostly coal and natural gas.

These natural resources are ultimately finite, and there's no doubt that sooner or later we'll need to switch to an alternative.

In response to this, worldwide governments and corporations have already spent hundreds of billions searching for viable alternative energy sources.

Among the alternative energy sources being researched are the so-called "green" alternatives, such as solar, wind, hydroelectric, and geothermal. The technologies behind these alternative energy generating sources have seen significant advances over the past several years. But at present, they simply can not meet the growing global energy demand in a cost-efficient manner.

Nuclear power is the one alternative available that is able to meet growing electricity demand throughout the world.

Consider this: A single kilogram of uranium can yield approximately 20,000 times as much energy as the same amount of coal. This makes nuclear energy remarkably more efficient compared to current electricity generation.

A typical 1,000 megawatt electrical coal-fired power plant has a fuel requirement of about 3,200,000 tonnes of black coal a year.

A nuclear power reactor of the same capacity, has an annual requirement of only 27 tonnes of fuel.

Producing this amount of uranium fuel requires the mining of between 45,000 and 70,000 tonnes depending on the grade of ore. This yields about 200 tonnes of uranium oxide concentrate which is sold and enriched to yield the 27 tonnes of actual fuel.

The US Department of Energy reports nuclear power costs 1.72 cents per kilowatt-hour (including operations and maintenance costs). Compare that to:

• Coal at 2.37 cents per kilowatt-hour;
• Natural gas at 6.75 cents per kilowatt-hour; and
• Oil at 9.63 cents per kilowatt-hour

The bottom line is that nuclear energy is almost guaranteed to make a comeback. And with a troublesome supply/demand imbalance, we are at the beginning stages of a massive bidding war in uranium.

And that makes for a great opportunity to invest in uranium mining stocks.

The Uranium Mining Stock To Invest In: American Uranium Corp. (OTCBB: AUUM)

	Company	American Uranium Corporation
	Exchange: Symbol	OTCBB: AUUM
	Share Price	~$0.57
	Market Cap	~$26 million
	Website	www.AmericanUraniumCorp.com

Investment highlights:

• The stock is a U.S. uranium pure play.
• The Reno Creek project contains 15.7 million pounds of NI 43-101 compliant U3O8 resources.
• Reno Creek has two historic positive feasibility studies completed.
• An Underground Injection Control Permit for Class I Injection Wells for the Reno Creek project was recently obtained from the Wyoming Department of Environmental Quality.
• The Pine Tree project contains 8.4 million pounds of historic U3O8 resources.
• Both projects are amiable to In Situ Recovery (ISR) uranium mining.
• ISR uranium production is expected to begin by 2012.

American Uranium Corp. offers investors a pure investment play in what is considered to be the most prestigious undeveloped uranium project in the United States.

From this base, the company plans to become a significant participant in US uranium production by 2012.

Let me give you some more details on American Uranium's two advanced-stage uranium mining projects.

The Reno Creek and Pine Tree Uranium Mining Projects

The 18,000 acre project is located in the world-class Pumpkin Buttes uranium district of Wyoming's Powder River Basin.

The State of Wyoming has a long history of uranium mining and is still the largest uranium producer in the United States. Recent estimates suggest that Wyoming contains approximately 600 million pounds of uranium oxide (U3O8) reserves, which represents about 40% of the known uranium reserves in the entire US. Wyoming's history of uranium mining provides a solid business climate and American Uranium's focus on uranium properties in Wyoming is more than well-justified.

All of the critical infrastructure—including paved and gravel access roads, power lines, and water—needed to support the area is already in place. American Uranium's Pine Tree and Reno Creek properties neighbor other distinguished uranium projects, including AREVA's Christensen Ranch project and Cameco's Smith Ranch mine/plant, which is the largest uranium production facility in the US yielding about 2 million pounds of U3O8 per year. Both projects are less than a half-hour drive away from Pine Tree and Reno Creek.

Uranium mineralization on the Reno Creek property has been known to be present for several decades. Since the 1950s, tens of millions of dollars have been invested into the project with extensive exploration and testing. American Uranium has acquired the bulk of the most important data from the historic testing campaigns. This data includes evidence that shows Reno Creek is amiable to In Situ Recovery (ISR) uranium mining—the most cost efficient and environmentally friendly method to extract uranium from the ground—and two positive feasibility studies.

In January 2008, American Uranium completed a National Instrument 43-101 Technical Report that estimated the presence of 10.8 million pounds of U3O8 on the Reno Creek project.

Subsequently, a second independent NI 43-101 report documented the resources in the southwest extension of the Reno Creek deposit. This estimate showed an additional 4.9 million pounds of U3O8 across the entire project.

In total, American Uranium's Reno Creek project contains 15.7 million pounds of U3O8 resources.

The Pine Tree uranium trend is a series of satellite deposits near Reno Creek with an historic resource of another 8.4 million pounds of U3O8 based on extensive drilling by previous owners. This resource was estimate before, and therefore not compliant with, National Instrument 43-101 standards. However, there is little to no reason to doubt the validity of this resource estimate.

In total, American Uranium's Pine Tree and Reno Creek projects contain historic and current resources of 24.1 million pounds of U3O8. Compare that to Cameco's Smith Ranch project—again, the largest uranium production facility in the United States—which has 13.3 million pounds of U3O8 reserves.

American Uranium recently obtained the Underground Injection Control Permit for Class I Injection Wells for the Reno Creek project from the Wyoming Department of Environmental Quality (WDEQ).

This permit was obtained from its previous owner by assignment in accordance with WDEQ regulations and process. The permit has a ten year lifetime and will be renewed before its June 2008 expiration date.

The Underground Injection Control Permit is one of three major permits/licenses needed for development of the Reno Creek project. The other two are WDEQ Mine Permit and US Nuclear Regulatory Commission (NRC) license for Uranium In-Situ Recovery mine and processing plant. American Uranium anticipates the submission of the NRC and WDEQ applications during the fall of 2009.

For now, the company will drill 18 hydrologic test wells at Reno Creek this summer for baseline groundwater characterization. Baseline environmental studies and preliminary well-field and processing plant design work will also be completed over the next few months.

American Uranium's principal focus over the next few years will be to meet its contractual obligations under the joint-venture agreement with Strathmore Minerals and to further expand the resource base of the both Reno Creek and Pine Tree projects.

To facilitate meeting these financial obligations, American Uranium plans to build an institutional following for our projects and securities. The company also recently said that it was, "holding discussions with potential Asian and other strategic partners with a view to securing funding. " However, no partnerships have been reported yet.

American Uranium anticipates to have the Reno Creek and Pine Tree projects into production by 2012. After the initial production phase, we expect the Pine Tree/Reno Creek complex to develop into a project that rivals Cameco's Smith Ranch project. This will launch American Uranium's stock.

American Uranium Mining Stock Conclusion

American Uranium has experienced a recent decline in share prices. However, this decline is more a reflection of the general state of the capital markets and correction in uranium prices than the company's performance, given the progress made during the past year.

As mentioned above American Uranium's two current projects show robust resource estimates that already well exceed the largest uranium producing facility in the United States. The company is making moves to fast-track the Pine Tree/Reno Creek uranium complex into production within the next four years and is well positioned to take advantage of the strategic opportunities that they have secured.

This is not a trade... it's an investment. We recommend holding AUUM stock for the long-term. Buy the stock and put it away.

For more information on American Uranium, visit the company's website at: www.AmericanUraniumCorp.com

Good Investing,

The Gold World Research Team

P.S. You don't need to buy a bunch of physical bullion to make a fortune from today's metals bull market. And the fact is this: Investors who'll end up making the most profit will be those who've put their money into in the right junior mining companies. Of course, finding the 'right' junior stocks to invest in is the tricky part. However, Greg McCoach is here to help. To find out more about how Greg can help you find the stocks and profits you're looking for, just click here.