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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
Post by rktennon Jan 31, 2005 4:37pm
214 Views
Post# 8515903

dtrader7, Fantastic call. I was watching the

dtrader7, Fantastic call. I was watching thescreen most of the day. The talk on the board was support around 40.40 and resistance about 41.50. Great call from everyone concerned!! During the first hour there seemed to be a fight between the bulls and the bears with CCO holding at about 41. I have owned CCO for a few months now, however you have opened my eyes to be much more aware of charts. I was going to add to my postion if we held the 40.40 level and broke the 41.50 level. I noticed at about 10:30AM that someone, or some fund came in and bought 200,000 shares at the 41.20 level! I felt that whomever bought had the confidence that we were going higher, so I made my first buy of the day at 41.15 and then waited for the 41.50 level to fall to add more to my postion. Again many thanks dtrader7 for you fantastic call of the bottom. You said that we are going to 50 at some point? Would you mind sharing you great knowledge and letting me know if we are going straight up or not, and how long you figure it will take? Would you then be selling at the 50 level? You can inbox me if you like, or on the board. Many thanks dtrader7
Bullboard Posts