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Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

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

Bullboard Posts
Post by Sculturedon Aug 05, 2016 6:18pm
182 Views
Post# 25115730

TOO BIG TO FAIL

TOO BIG TO FAILCameco is a very good investment at this point, recovery is imminent and will be lusty.  Cameco is in a position to recover.  The power's that be will slowly resolve all issue's.  That in itself will result in a tremendous upsurge.  Come march of next year,  all will be wondering W.T.F. was all the commotion about.  Reserve's are for today's news, the uranium deposits that are being proven up right now are for delivery in 6 to 8 years.  Much higher price and greater demand by that time.  Outstanding demand by 2022 at latest and all that is being found today,  will be pre-sold long before that.  This brings up the question is there a need to search for further deposits?  Duh!  Hundreds of people are dependant on the uranium industry and I am glad to say the world has finally realized that nature needs this clean source of power.  
Bullboard Posts