Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by PulpCutteron Dec 11, 2024 10:21am
81 Views
Post# 36356488

RE:GE Vernova, one of yesterday's big NYSE gainers, is in

RE:GE Vernova, one of yesterday's big NYSE gainers, is in

Note Westinghouse is larger than GE Hitachi (Vernova's nuclear division); 6000 employees vs 3000.  IMO Westinghouse has the lead in conventional full-size reactors, having the best reactor design (AP1000), while Vernova has one of the leading SMR designs (BWXT3000).  

IMO, conventional full-size reactors will carry the day.  IMO the downsides of SMRs are greatly understated; e.g., you're irradiating the surroundings of the reactor in either case, generating radioactive waste that has to be stored somewhere afterwards.  Further, I don't see utilities being allowed to cart reactors all over the countryside without regulation.  I think there is a big future market for nuclear power - absolutely - but the more conservative approach is the one that seems likely to actually happen.  Extend the lifetimes of existing plants, and build more of the safest, best-understood existing designs with well-engineered upgrades.

Bottom line I think Westinghouse has the better position, BUT I would keep a running tally on new signed contracts - Westinghouse versus Vernova/Hitachi - to see how it's going.

All IMO, do your own DD.

<< Previous
Bullboard Posts
Next >>