Good research 567. Uranium is a good play right now as the Japan tragedy has brought on negative sentiment. I own Laramide and other uranium companies because they have become tremendously undervalued. China is still planning nearly 70 new reactors, and though Western Europe is phasing out reactors Eastern Europe is building. A simplistic argument made is that Oil and coal have caused more environmental dammage and human illness than nuclear has. Wind, solar and other options are still just not catching on in a big way. Regardless, uranium is depressed in price now and will rebound. If CGFIA aquired the properties at the current market discount, they have made a wise long term investment without a need to lift a shovel.
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