Bullboard - Stock Discussion Forum Cameco Ord Shs T.CCO

Alternate Symbol(s): CCJ

Metals & Mining Industrial Metals & Minerals

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... see more

Add To Watchlist

TSX:CCO - Post Discussion

Cameco Ord Shs > Warren Irwin

View:

Post by Dreaminthedream on Feb 19, 2023 2:52pm

Warren Irwin

For his part, Warren Irwin, president and chief investment officer at Rosseau Asset Management, expressed strong concern about the number of projects coming to market given the price conditions for uranium.

The expert warned of hype in the sector and suggested that investors monitor demand for uranium. He pointed out that it takes time for nuclear reactors to come online, meaning they won't become consumers quickly.

“I think right now we’re in the wishful thinking stage where everybody wants the uranium market to run. The whole mining sector is turning here, and there’s a lot of people hyped up about uranium. I don’t share that enthusiasm,” Irwin said.

496