Yes, it was under "Hotstocks" on the Canoe site;
" Cameco Corp. (CCO/TSE), down $1.15 to a 52-week
low of $39.60, on volume of 228,633 shares.
Analysts said yesterday's dive in Canada's largest
uranium producer is attributable to a weak outlook for the
commodity.
The Economist magazine this week painted a gloomy
picture for uranium, saying that of the 434 nuclear power
plants operating worldwide, most will close by 2030 and
few will be replaced.
Uranium prices have slipped to US$12 a pound, down
15% from last year's US$14.20 a pound. And this
week's uranium price, to be released today, is expected
to be even lower."
The POU turned out flat on the week, though, according to this;
uxc.com
How else will Asians make electricity, if not by nuclear power? Oil? Coal? They all have their downsides, both economically and environmentally.
I bet you covered CCO today, didn't you -g- ....... cheers ..... marcos
PS ... The POG has been flirting with 285 tonight
kitcomm.com |
