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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, 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

Bullboard Posts
Comment by gravedigger51on Feb 01, 2017 9:41am
159 Views
Post# 25782462

RE:RE:Results

RE:RE:ResultsSweet water,

my numbers (guestimates) are saying we are in the lower to expected range of Japanese cancellations as this is a larger one.  You may see one or two more smaller ones over the next quarter or two.

my take is after these results next week we should have some pretty smooth sailing through to the end of the year with macros gaining momentum.  I was expecting in the fall macros to still be poor at this time and this news would have knocked the hell out of the SP.  My guess is pretty much all foreseeable obstacles have been hit and the 10% cut will help offset numbers for 2017.

But the CRA issue is real and if you think a 12 % hair cut to the SP is big, wait to see what happens early next year with a worst case scenario decision.  They NEED to resolve this.


Bullboard Posts