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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (59301)5/14/1999 8:35:00 AM
From: ForYourEyesOnly  Read Replies (1) | Respond to of 132070
 
Uranium:

I like Cameco and recently bought some of their US listing.

But I think that ERA is the better value....high production levels......huge reserves.......high divided (A $0.14).......minute float......

Cameco owns 6.5% of it.....

Who will lead in '99?

Keep in mind that Cameco has announced that in 1999 it will cut production from Key Lake and Rabbit Lake by 40% due to both low uranium prices and in order to prepare for milling the ore from new mines......

I would guess that will put ERA in the #1 slot in 1999......

Also, what will that do to the uranium price if Cameco does not sell off its stockpile?

Uranium looks goooooood..

Gooo Uranium!

THC