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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

Post by Dreaminthedreamon Feb 19, 2023 10:08am
353 Views
Post# 35294221

Tough

Tough
Like most U stocks, Cameco is a volatile investment. Fundamentals might be glowing but the stock behaves like spit on a greasy frying pan. It is jumpy. It feels like it should take off and sail smoothly upward but it just will not that. It is a tough stock to own and watch. If you own it, you will swear many times. Spot might go up. CCO might announce good results. Pieces fall into place. But the stock falls 5%.

The ride is painful to watch and experience.
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