Cameco 2013 I believe that the wait for rise in SP may be drawing to a close as is 2012. U prices now headed in the right direction with much more to come. I took a small position in t.u last week, a conservative bet. The low prices for uranium will certainly provide a high level of leverage to Cameco as a lot of the smaller and mid sized producers have been forced to halt or scale back production. With the increased demand uranium could easily jump from 45 to 75. If even a little bit of panic/hoarding comes in to the market this trend could increase.