NYSEAM:UEC - Post by User
Post by
CLOUDERon Feb 10, 2024 4:22pm
150 Views
Post# 35874013
came co....lol.
came co....lol.Well Cameco, i just saw a podcast that says that CAME CO is a very bad uranium investment with a turbo charged spot uranium price. It seem that cameco is booked up (maybe to booked up) at a very low price , it is like they have HEDGED UP there future, and they might have sold to much (like they have so far at this said LOW PRICE) then they will have to use what profit that they are makeing to buy and cover there contract in the SPOT MARKET, like they have been doing. PS, WOAH TO CCO, and it`s shareholders. this will be interesting to see. PSS, in a skyrocketing term and spot price, you do not want to hedge at the bottom,imo. and his.