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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 MegaMAxTZon Jul 19, 2018 12:11am
231 Views
Post# 28336642

RE:cameco responds

RE:cameco respondsMcCarthur River is shut. No question. No new mining for 2 years out to Fall of 2020 or later.  Sell a Starbuck coffee for $ 2.30 and costs you over $ 5.00 per cup. Not going to happen. 

So now what. Cameco hunts for Spot Uranium at $ 23.00 per LB. Will find some but not 10,000,000 LBS worth. And next year they need over 15,000,000 LBS on the Spot. This will push everyting over $ 30/LB.

Evereybody says things happen quickly. Brace yourselves as the wave of hedge fund money hits and not much to buy. And they cannot buy which is even better for the small investors. 10 % of Cameco is still under $ 500,000,000 dollars -peanuts....

Nexgen, Fission , SkyHarbour, Mega, UEX, GoViex, DNL, TORO, Western, et al and add them up looking pretty good.......10X, 20 X and onwards. But who knows......

MM
Bullboard Posts