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FatElvis

03/14/11 11:11 AM

#52618 RE: bylosellhy #52617

LBSR is being devalued for a reason.I'm old enough to have been around when the 3 mile island episode went down which was not near as serious as Japan. Believe me, just do a little research and you'll know why the US doesn't have 10 times the reactors they have now. Anyway, no matter which way the wind blows, at least short term, LBSR will be affected. But that's what makes a market work...difference of opinion and who can determine the future the best. Place your bets.

Time for a couple of Auctions and a couple of large pizzas....ELVIS OUT

amigo777

03/14/11 11:36 AM

#52624 RE: bylosellhy #52617

That's right! The Japan incident is a great tragedy caused by nature we all mourn for the lost lives in Japan. However, their NUKE plants are very old and their disaster mitigation plans were not state of the art. I am not sure why they had all their generators in the flood zone. The world is not going to stop because of this crisis. Todays NUKE energy plant are designed with state of the art technology and sophisticated industrial automation & controls that offers extreme protection against natural disasters like earthquakes and tsunamis. China and India are not going to stop because of this crisis. Japan was already volatile due to the ring of fire, and they should have built added protection for cooling the reactors during such crisis.It is what it is.

The market is just spinning negativity on this crisis just to create fear. Things should be alright in a month or so. The demand for Nuclear Energy will be more than ever.