RE: RE: sign of cliffs weakness Dated Aug 27/12: "Cameco Corp. (CCO), the world’s third-largest uranium miner, agreed to buy BHP Billiton Ltd. (BHP)’s Yeelirrie uranium project in Western Australia for $430 million.
“Yeelirrie represents an attractive deposit that fits well with Cameco’s vision and corporate strategy,” Tim Gitzel, chief executive officer of Saskatoon, Saskatchewan-based Cameco, said in a statement dated yesterday. “We are pleased to add this promising deposit to our suite of uranium assets and look forward to advancing this property.”"
As BHP goes so goes CLF in spades. CLF exiting the ROF will excite Xstrata and their competition.