RE:Some positive thoughts yes, but Cameco is also ramping up production at Cigar.....
ILUVDIVIDENDS wrote: Any production from the Patterson Lake District (NXE & FCU) is probably a decade away. Cameco's cuts will be forgotten history by the time a mill is commissioned in the western basin. They are acting responsibly by shutting down non-economic production. It is survival of the fittest. Yes, the market will react, but it has nothing to do with the future value of this emerging district.