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Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Energy
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

Cameco Ord Shs
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Post by Sweetwater1on Sep 08, 2016 9:29pm
180 Views
Post# 25220328

Re:UEC

Re:UECAnother intelligent post. It's so nice to be one a shart board. Anyway. I think the reason many are shorting the u companies is because the technicals show a 2-3 year oversupply that is yet to be worked through. My problem is I am buying now because I'm worried the long term contract buying cycle may come before that. Also may see some merger action. I'm in for the next ten years so I'm comfortable. May add some 2018 calls on Cco if they get any cheaper. Good leverage. 
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