japan earthquake - nuclear reactor damaged, page-4

I think it is damage to the industry as a whole that people are selling into.... a big hit to confidence when something like this happens.

The fall out (forgive the pun) is that Uranium is now a political issue again... Eg; Is it safe? As a result of that question being raised it means that some governments will sway away from considering it to service future power needs.

This means that less nuclear power plants will be built as a result of this event which will lead to a lower projected demand... that is what is being sold into.