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Uranium One Inc SXRZF



GREY:SXRZF - Post by User

Bullboard Posts
Comment by PUNJABIon May 22, 2012 4:17pm
374 Views
Post# 19934887

RE: Cameco files prospectus to raise up to $1-bill

RE: Cameco files prospectus to raise up to $1-bill

CCO has about $1.4 Billion in cash & short term investments. Why do they want to raise another billion dollars ? Have to check the maturity of their debt. Dept payment, cigar lake project or take over for takeover  they could have issued equity.

Time frame is long 25 months. Why would they issue prospectus now. Anyway you cut dilution it at these rock bottom prices not good for the share price. However it is not clear if it would be equity, debt or a combination.

Not good good for the  U sector. This prospectus will be an overhang on the stock. Would have to monitor the short position for this stock. Present short position ten million.

Bullboard Posts