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Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Energy
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, purchase and sale of uranium concentrate. The fuel services segment is involved in the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The Westinghouse segment is engaged in the nuclear services businesses. Its uranium projects include Millennium, Yeelirrie, and Kintyre. The Cree Extension-Millennium project is a Cameco-operated joint venture located in the southeastern portion of Canada's Athabasca Basin. The Yeelirrie deposit is located approximately 650-kilometer (Km) northeast of Perth and about 750 km south of its Kintyre project.


TSX:CCO - Post by User

Cameco Ord Shs
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Post by gravedigger51on Jan 18, 2017 5:39pm
630 Views
Post# 25725246

Last nights news

Last nights newsI have purposely stayed off this BB for a while as between mid November and mid December I took a very large position in the U sector.  It was and still is my belief that that was and is the sector bottom.

Anybody surprised by the CCO news yesterday is new or has chosen to ignore my posts from August to Mid November on this board.  There is NO surprise.

However this is rear mirror or old news.  More important was how would supply and demand react as the spot price declines.  The Kaz 10% news is a game changer.   Folks I do my homework unlike most on here.  The sector has turned and this is some final bleeding.  Prices of U will continue to go up and as a result U stocks will follow.

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