Friday, May 29, 2009

NRU is Dead


They just don't realize it yet. Basically we have an aluminum vessel which was rated for 15 years, being stretched to almost 40. Aluminum is wonderful stuff, but when you get the erosion-corrosion, it turns horrible. Most likely there are a thousand other cracks and pits just ready to let go.

However, I just love what my favourite minister has done! She pulled the rabbit out of the hat, and started the sale of AECL, which has been on the back burner for umpteen years. Why now? Do you hear anybody talking about the NRU? Nope. This is better than hiding at Canadian Tire!

And it turns out they are only going to sell the Candu portion to GE, and not give the Maples to France. Well, I look forward to more attention-monopolizing announcements.


Harbles said...

Makes one wonder why they didn't just build another copy of the NRU ten years ago. Could have saved a few tens of millions of dollars at least.

Harold Asmis said...

Hubris. They thought they could do it bigger and better.