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Bullboard - Stock Discussion Forum 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... see more

TSX:CCO - Post Discussion

Cameco Ord Shs > GE Vernova, one of yesterday's big NYSE gainers, is in
View:
Post by PulpCutter on Dec 11, 2024 9:58am

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

nuclear engineering business, same as Cameco's Westinghouse division.

Vernova also does other methods of power generation: gas turbines, etc., but CEO is a nuclear engineer.  

It may take a while for utilities to contract more U3O8 (in part because they may need to buy conversion first LOL).  But work orders for nuclear engineering - for instance, studies demonstrating to NRC that it's safe to extend the lifetime of a plant - seem likely IMO.

Comment by PulpCutter on Dec 11, 2024 10:21am
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 ...more  
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