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Bullboard - Stock Discussion Forum Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling... see more

TSX:CCO - Post Discussion

Cameco Ord Shs > Looking good
View:
Post by zenith9 on Dec 07, 2020 10:50am

Looking good

This was on my watch list for a couple years. Was willing to sacrifice a few % gain to confirm direction. But it looks as though we'll see higher levels here. Once 16 is tested we should know for sure. All the macro headwinds are there. Nice volume. Lots of eyes on this now, will be interesting to see how this pans out over the next 3 - 6 months. Cheers.
Comment by argaiv on Dec 07, 2020 6:48pm
Thanks for the analysis.  I got in at $10.25 and watched it go to about $11.50 and then crash to $9.06.  I watched Energy Fuels go from $1.55 to $1.85 and trade back and forth in this range, and then it crashed to $1.45.  I am surprised by the rebound.
Comment by zenith9 on Dec 07, 2020 7:55pm
Theres so much money flowing from crypto and weed all over the place, any green stocks are catching a bid. But the solid economic drivers make sense here. I know it can be disappointing to be a long term holder. But it looks like the tides are changing here. Our US listing CCJ is up in after hours trading which is a good sign of continuation in this run. Tomorrow should be green! Cheers ...more  
Comment by Stratocheif on Dec 09, 2020 2:51am
Ive been in both too for about 8 years. In 2018 energy fuels was $4 only because it was producing some vanadium....no significant uranium. Very good potential here. Possibly a double in a few months if it lands a good uranium contract. Cameco too but may take a little longer because its already doing a lot of business so some additional contracts will only marginally increase its value
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