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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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Comment by 3BucKBiLLon Nov 18, 2005 2:51pm
219 Views
Post# 9886001

RE: Clarification:Uranium Vs. Oil Prices:Wrong

RE: Clarification:Uranium Vs. Oil Prices:WrongGrant You make some good points. Remember though that projects underway are already factored into prices. Demand for electricity will increase with the price of fossil fuels as it becomes the more cost effective solution. Look to the auto industry - they couldn't sell an electric car to save their lives until gasoline broke $1 per litre. Look around you, there are many more examples where the price of fossil fuels makes electric alternatives more attractive. Bottom line is that short term we will see pricing and behavoir return to pre-summer levels. Now, where can I get that "cheap stuff"?
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