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Cameco Corporation Message Board

  • dlhild@ymail.com dlhild May 13, 2014 5:08 PM Flag

    QuestionS:

    Are there any other good nuclear fuel producers out there?

    Is CCJ going to ever get their act together?

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    • I'm very curious what makes you think Cameco doesn't have their "act together"? Merely saying that makes me wonder if you understand any of the following basic facts:

      1. Cameco mines, refines, and sells Uranium.
      2. Uranium prices are not set by Cameco, but by supply and demand
      3. Uranium prices are at an extremely low level right now for a number of reasons
      4. Despite #3 (low Uranium prices), Cameco is profitable while few other miners are

      Now... having reviewed these facts, please try again explaining what makes you think this company does not have their act together. Thank you.

      Sentiment: Strong Buy

 
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