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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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Comment by 2Minutes4on Mar 16, 2011 2:58pm
423 Views
Post# 18294626

RE: Thought I'd check the sentiment...

RE: Thought I'd check the sentiment..."in the meantime, cco earnings will get battered as the spot price will be nowhere near the 75 average on the street... will trade in this range for a long while..   calling it as i see it... "

I disagree with this statement, as far as I know CCO sells forward their production so I don't think the earnings with decline from a short term decline in price.  If there is a longer term decrease in the spot price, it will eventually eat into earnings, but for the short term we may see reduced sales. 
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