Thursday, December 17, 2009

Going Once, Going Twice.....


OTTAWA (Reuters) - Canada put its Candu nuclear division up for sale on Thursday, saying the operation needed outside investors to boost its chances for growth at a time of expanding nuclear power generation and also help cut the cost to taxpayers.

Hey, maybe this is actually the real thing! The carcass is to be rendered and sold for parts! I suppose somebody will give more than a buck, if there is a big package slipped under the table.

Most likely GE buys it, just for the existing upgrade business, like botching up Pt. Lepreau. Who knows?


Harbles said...

Would India be interested? They have experience, bags o' cash and lots of smart kids.

Harold Asmis said...

Yes.... But they're too smart to buy it! Best to sell it to the Americans! :) (or the Germans!)