TSE:CCO

Cameco Corporation (CCO.TO)

100.80
-1.57 (1.53%)
as of Nov 13, 2026, 9:00:00 pm Market Closed.
553 watching
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DON'T BUY
Now getting caught up with the uranium euphoria. Still ahead of itself.
DON'T BUY
The significance of Cigar Lake cannot be underscored. Expects the repair will take longer than the estimated 3 years. They buy a lot of uranium from the Russian government, who he doesn't trust.
PAST TOP PICK
(A Top Pick Nov 21/06. Up 38.7%.) Development costs of Cigar Lake are significant, but lifting costs from their come of uranium, are only $10 a pound. $100 uranium is not sustainable, but this company makes money on $40-$50 uranium.
BUY
A Catch-22 situation. Have had flooding at Cigar Lake. This is actually helped it by forcing uranium prices up. They think they can get it back on in 2010. If you like exposure to uranium, this is a core holding.
TOP PICK
Street doesn't like it with its hedging of $30. Over time, these hedges will roll off. When that happens, there will be a huge uplift in earnings and cash flow. Treat it as a 3 year investment. Largest producer of uranium and the lowest-cost in the world.
DON'T BUY
Have extended their start up for Cigar Lake to 2010, which he feels is optimistic. They buy a lot of refined uranium from the Russians and there is no guarantee those contracts will be cancelled.
PAST TOP PICK
(A Top Pick Dec 6/06. Up 3.7%.) Thinks it will go higher.
PAST TOP PICK
(A Top Pick May 3/06. No change.) Cigar Lake mine was flooded. Uranium prices are hedged and will be re-hedged at higher prices. Still a Buy.
DON'T BUY
Just announced their remedial plans for Cigar Lake. Market was neutral. Hoping to start is a production in 2010. Still no valuation on their reserves. A lot of uncertainties. Prefers others.
DON'T BUY
Uranium prices have had a tremendous move. There is still good demand, but stocks have moved pretty dramatically in response. Very expensive relative to its underlying earnings. Its fixed price contracts are beginning to roll off.
PAST TOP PICK
(A Top Pick March 27/06. Up 7.1 %.) Their big problem was the flood at their Cigar Lake property in Saskatchewan. Still likes.
COMMENT
With energy shortage globally, countries are being driven to invest in nuclear. The downside is that uranium has gone absolutely ballistic. This company is in the catbird’s seat. Has excellent long-term potential. FMV is quite a bit higher than the current price.
DON'T BUY
Looks like it is at least 2 years before the Cigar Lake mine can be fixed. Prefers the others that are beneficiaries instead of having the complications of this one.
DON'T BUY
Not a big fan. Cigar Lake is still in danger of being greatly delayed or unable to reach its potential. Stock is trending down.
DON'T BUY
Very keen on uranium as a commodity. He prefers Uranium Participation (U-T), which is a holding company and eliminates the exploration risk. Also likes Fronteer (FRG-T) and Aurora (AXU-T).
Showing 781 to 795 of 1,119 entries