RE:Motley Fool: Cameco/Uranium Outlook for 2016CIGAR Lake flood and very costly rehabilitation and mine redesign sort of forced Cameco to be creative with their sales to keep themselves solvent.
it will be very interesting to see if the Liberal Gov't takes them to the cleaners. With oil revenue down, they just mioght, although historically Liberal goverrnments have been kinder to uranium than Conservatives.
Its kind of silly really, as it ties up Cameco's hands to keep a high Canadian Ownership and thus more money in Canadian hands in the long run. If Liberals put it to Cameco, then allows foreign ownership to move in and in the long run, very bad for ourselves.
Sort of like shooting ourselves in the foot.