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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
Comment by Sittingbull11on Sep 12, 2016 4:49pm
169 Views
Post# 25229534

RE:RE:Bottom

RE:RE:BottomI disagree. There is no genuine evidence the bottom is at this price. Charts, % of insider buying, commodity price, all point to a continued downward pressure on share price. And this is regardless of CRA. Too much has been made of the CRA issue. CCO is not suffering to any great degree because of that issue. They are suffering because of the long, drawn-out, bleak outlook, poor price of their commodity................. The bottom being here is wishful/hopeful thinking. There is no strength...........yet anyway. ...........And nothing on the immediate horizon suggests otherwise.
Bullboard Posts