The Cambridge Energy Research Associates' (CERA) Annual Executive Conference will convene on February 12, 2007 in Houston Texas. It is advertised to focus on the critical strategic and investment choices in an era of anxiety over energy and to highlight the critical role of technology and innovation in meeting the geopolitical, supply, and environmental challenges of world energy. Everybody who is anybody in the field of energy, worldwide, will be at this conference. Let us hope that something helpful comes out of this event. Lord knows we need it.

One doesn't need to go to a high-powered conference to know that this country has an energy problem. We don't have an energy policy that is worth a hoot and we're becoming more and more dependent on foreign sources of energy that are unfriendly or openly hostile to our country. A few years ago, I thought that a stable, democratic Iraq would help stabilize the Middle East and ensure dependable energy supplies from that region. Well, that's not going to happen. Russia, a country that once looked like it could become a reliable supplier with close ties to the U.S., has done some things recently that suggest it too will not be a close ally of the U.S. Finally, energy consumption keeps increasing and competition for oil, gas and coal has intensified. So what's the answer?

I don't know for sure, but I do know that nuclear energy is becoming more important. I was pleased to see that Mr. John W. Rowe, Chairman, President and CEO of Excelon Corporation will be a featured speaker at the CERA Conference. Excelon Corp., operates the largest nuclear fleet, 10 stations and 17 reactors, in the United States. Perhaps he will shed some light on where this country should be heading in regard to nuclear energy.

On August 20, 2004, I wrote a brief comment on an article which appeared in the August 2, 2004 issue of Barron's magazine called, "Reaching Critical Mass." It related to the supply-demand situation regarding uranium. Another article recently, December 5, 2006, appeared in the Wall Street Journal entitled, "Nuclear Power Revival Could Encounter Hurdles." It told about tight uranium supplies which have driven the price of processed uranium ore up more than 800% since 2001. Of course, the stock prices of uranium mining companies have soared along with the price of uranium ore.

While I cited my purchase of Cameco Corp., the world's largest producer of uranium ore, in that August 20th commentary, it has gone up in price only 273%. The stock prices of many of the small uranium miners that we track in VectorVest Canada have gone up much more than that. For example, the average price increase for the eleven uranium mining stocks we covered on 08/20/04 was 404.57%, with 100% winners. The average price increase of the 43 uranium stocks we covered on December 14, 2005, one year ago, was 134.05%, with 39 winners and four losers. The 60 uranium stocks we covered as of 09/14/06, three months ago, are up an average of 50.45% with 48 winners, 10 losers and two unchanged. Currently, VectorVest Canada covers 85 uranium stocks and they are all shown in an Industry Group called Mining(Uranium).

There aren't nearly as many uranium stocks covered in VectorVest OnLine and only a few appear to be pure plays. Therefore, V V OnLine does not contain a uranium Industry Group. We have prepared a WatchList called, "Uranium Stocks," however located in Special Watchlists.

For your information, Mr. James Cramer, the genius host of the Mad Money TV Show, says he would never give a uranium stock a "Buy, Buy, Buy" because they're too risky. You can take that for what it's worth, but as far as I can tell, the demand for nuclear power will increase by leaps and bounds. It won't happen overnight. When it does, however, the prices of uranium stocks will soar some more. I'm happy I own my Uranium Stocks.

Special Note: A portion of the information cited in this overview was taken from VectorVest Canada.