Cameco Ord Shs T.CCO

Alternate Symbol(s): CCJ

Metals & Mining Industrial Metals & Minerals

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

Bullboard Posts

Post by PUNJABIon May 23, 2012 9:55am

568 Views

Post# 19936778

Bad time to raise funds

CCO has picked the worst possible time to raise billion dollars. It is not clear what is the purpose when they have about $1.4 B in cash. If they do equity financing that would be bad idea & dilution. Issuing bonds would be a better idea but they will have to pay interest.

Bullboard Posts

Day trading vs. swing trading strategies for small-cap stocks