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.

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Cameco Ord Shs

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Post by mousermanon Nov 04, 2022 11:46am

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Post# 35073312

Shortsellets continue to hammer CCO

Apparently these minions shorting Cameco believe the business model is set to fail. Hard to figure that tho with uranium in High demand and nuclear looking to be the go to green energy.
At any rate it was good news for commodities today as USD dropped and Canada reported huge increase in wheat exports and at super high prices with inflation because of disrupted supply issues. U203 will see an increase in spot price as well with usd dropping vs all currencies.

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