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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 newguy16on Apr 23, 2012 11:53am
206 Views
Post# 19824351

i will stick to cco and disregard ALA stooges...

i will stick to cco and disregard ALA stooges...

will follow that suggestion and not make this board stupid which is their intent...

i still believe in trading runs and no sustained move up until 2013... the HEU is only 15% of global supply so their should be a small bump... i do not subscribe to the theory that U prices have to skyrocket, as new plants won't come on stream for a long time and if there is no supply they just get delayed... the fear of 150 oil has subsided... its not efficiency as much as space and pollution on the demand for nuclear, especially in China...  the catalyst for U prices will be the feasibility of new mine construction and production.... on a demand supply basis there is ample supply of oil at wti 80, it stays at 100 because there is a level which new sources won't get developed... there are a lot of new U sites in development now that will come on stream within 5 years... BUT... i have read 70+ for U spot price is needed going forward... and that catalyst won't be realized until 2013 or 2014... in my opinion....

Bullboard Posts