Uranium One Inc SXRZF

RE: RE: u308 stocks will tank

[steeplechase]

DrLang says "wrong.  oil won't rise...Japan was the third biggest exporter....supply will outstrip demand"
The ignorance behind this statement is astounding.  Japan is the third largest CONSUMER of oil, and anyone with the least amount of economic or political sense -let alone a sense of history and why Japan fought a major war in Asia- knows that this is yet another example of a Stockhouse poster who needs to go back to grade school.
The Fukushima plant was built in 1970 on a major fault line.  It should have been replaced years ago with a generation 3 reactor and re-located to a less vulnerable area.  The Japanese AEC committed grave oversight.  Consequently, the entire industry will take a big hit, and I doubt you will see a lot of plant approvals over the next few years in Japan.  How this story will play out in other countries is unknown, but suddenly getting approvals got 10x harder.
Japan has 11 units planned between now and 2018 --two of them at Fukushima!  Tell me the chances that these projects will get a green light.
I am not an alarmist, but so far the radioactivity has not been contained to anyone's satisfaction.  No one is expecting a Chernobyl, but I am reminded that my city Vancouver sits directly on the Pacific jet stream.