Dallas, Texas 08/14/2014 (FINANCIALSTRENDS) – Blue Sky Uranium Corp. (CVE:BSK) like other junior players in the energy sector is expected to ride an apparent upside, if Europe’s Casey Research Energy expert Marin Katusa forecast are an indicator.
Katusa opine that latest technology in energy production techniques would prove to be major differentiator in the near future. Coming in the time of challenging energy industry between the Cold war in Russia and the failing West Asian conditions, any positive commentary is welcome.
Blue Sky Uranium Corp. (CVE:BSK) which has focused on developing its production technologies has recently announced a loan agreement of $140,000 from private Canadian company.
Blue Sky Uranium Corp. (CVE:BSK) which operates as a Argentina-registered uranium exploration company is part of the Grasso Group. The parent company which is South American based is a resource management group and allows Blue Sky to gain from its strategic alliances with Rio Negro province.
Blue Sky leverages commercial mining activity as well as nuclear industry exploration, centered in the Rio Negro Province.
Katusa in his discussions mentioned that the current crisis across the energy sector will see new players emerging. He forecast that Germany’s switch from clean but risky nuclear-based fuel to coal-based fuel has led to Russian energy producer Gazprom gaining 25% of the Germany revenues. The reason for Russian company ascendency in energy sector is due to the decade and half’s transition to better energy production techniques, such as Horizontal Drilling. He recommended that the move to newer techniques is the only way forward for companies to remain competitive. He also highlighted that currently the high costs of production in Germany and in larger sense in Europe will prove to be costlier if the move to more productive technologies is not adopted. The immediate impact of higher production has been the migration of automotive companies from Germany to other less-expensive countries is only the tip of the iceberg.