Cameco Corporation (CCJ) Options

Very nice. Thanks!

The stock is trading in my personal "hold zone" right now. Above $56 I'll part with 10% of my shares and I'll add close to 12% more shares if it dips to around $41/share.

OAG Tom

Any thoughts here? Hell of a run but analysts think it will continue due to uranium demand for sure outstripping supply

52 Week Range $21.22 - 46.76
https://stockcharts.com/h-sc/ui?s=ccj

Big news from G 7 meetings today Bullish for Uranium https://www.gov.uk/government/news/new-nuclear-fuel-agreement-alongside-g7-seeks-to-isolate-putins-russia

From the GDX board,

"Now Kazatomprom just announced that they will produce 4 to 5 Mlb less in 2023 than previously expected."

Great for us.

Boing X 2

How It's Made : Easy Peazy ?

https://www.youtube.com/watch?v=9x7DozCqLxU




https://www.youtube.com/watch?v=c7ehyxRBMbw

Too easy

Loaded calls. Overdone. 24 by next friday

Stock 16% down today.

Recent news:
#Cameco and Brookfield Renewable Form Strategic Partnership to Acquire Westinghouse Electric Company. Investor and media conference call & webcast TODAY at updated time of 5:30 p.m. Eastern

#Cameco and Brookfield Renewable Form Strategic Partnership to Acquire Westinghouse Electric Company. Investor and media conference call & webcast TODAY at updated time of 5:30 p.m. Eastern. https://t.co/OLtDWxJ9jc $CCO.TO, $CCJ pic.twitter.com/oKXnSnNBgP— Cameco Corporation (@cameconews) October 11, 2022

Interesting..................... ..................https://oilprice.com/Alternative-Energy/Nuclear-Power/The-Best-Ways-To-Play-The-Great-Uranium-Comeback.html,,,,,,,,,,,,follow link for full story,,,,,,,,,,,,,

After languishing in a bear market for a decade, uranium has staged an impressive comeback as Russia’s war on Ukraine exacerbated the global energy crisis and sent Europe scrambling to replace Russian oil and gas. Uranium prices have more than doubled over the past two years from $30 per pound in January 2021 to a high of $64, thanks in large part to nuclear power now being viewed as being indispensable in the global decarbonization drive. Right now, Uranium futures are trading at around $52 per pound, and it’s a unique setup that doesn’t necessarily rise and fall in tandem with other commodities.

“We will see increased investments in alternative energy and I think that nuclear is one of the best forms of green energy with no emissions, and currently nuclear accounts for just 10 percent of the world’s energy production,” Neena Mishra, director of ETF research with Zacks Investment Research in Chicago, has told Globe and Mail.

Countries feeling the worst of the energy crisis have been restarting mothballed nuclear plants or extending the life of existing ones. For instance, France has promised to restart all its nuclear reactors to avoid a power crunch during winter while Germany is seriously considering doing a u-turn on its nuclear phaseout. Germany decided to stop using atomic energy in 2011, with the last remaining plants set to be closed in the current year.

Meanwhile, China has revealed ambitious plans to build 150 nuclear reactors at a staggering cost of $440B over the next 15 years as the country looks to become carbon neutral by 2060.

That number of reactors is more than what the entire planet has built in the past 35 years, representing a third of the current global fleet of 440 reactors. China is the biggest emitter of greenhouse gasses, but says its nuclear program will play a critical role in replacing its 2,990-coal fired generators alongside wind and solar energy. Indeed, Beijing says its nuclear plans could prevent about 1.5 billion tons in annual carbon emissions, more than the annual emissions of the U.K., Germany, France and Spain combined.

Related: Offshore Drilling Rates Jump, Could Rise Further To $500,000 Per Day

And, of course, it’s not just about carbon emissions. It never is. For China, nuclear energy is about cost efficiency.

About 70% of the cost of Chinese reactors are covered by loans from state-backed banks, meaning dramatically lower costs. In fact, Francois Morin, China director at the World Nuclear Association, says China can generate nuclear power at just $42 per megawatt-hour thanks to the low 1.4% interest rate on loans for infrastructure projects, making it far cheaper than coal and natural gas in many places.

At the high end of the spectrum, in developed economies, a 10% interest rate means the cost of nuclear power shoots up to $97 per megawatt-hour, more than double China’s tab but still cheaper than natural gas which is now trading around $210 per megawatt-hour. The World Nuclear Association estimates that China can build nuclear plants for about $2,500 to $3,000 per kilowatt, about one-third the cost of the latest nuclear projects in the U.S. and France.

Another bullish catalyst for uranium: strong market fundamentals. Annual consumption currently exceeds production while stockpiles of excess uranium are depleting.

Thanks dtwiddle. I hear you. Much appreciated.

That was sarcasm. I am hanging on to my Cameco shares till Germany, France, and the rest of Europe brings their nuke sites online. The new SMR (Small modular reactors) are going to change the nuclear generating landscape. Only a real gear head will be driving a gas powered car in a few years. New power is needed to replace the gasoline used for transportation. DO NOT MAKE ANY INVESTING DECISIONS BASED ON MY WORDS. I AM N OT QUALIFIED TO GIVE INVESTING ADVICE.

That was sarcasm. I am hanging on to my Cameco shares till Germany, France, and the rest of Europe brings their nuke sites online. The new SMR (Small modular reactors) are going to change the nuclear generating landscape. Only a real gear head will be driving a gas powered car in a few years. New power is needed to replace the gasoline used for transportation. DO NOT MAKE ANY INVESTING DECISIONS BASED ON MY WORDS. I AM N OT QUALIFIED TO GIVE INVESTING ADVICE.

I don't own shares here. But I was just starting my DD on this when I saw this posted on ST.
So I can't really give any advice on it at this point.

WOW! All I can say. So do you think i should sell my holdings and bulk up on oil and coal?

Is this running on narrative alone?

https://provenreserves.substack.com/p/japan-ten-years-of-enriched-uranium

Russia's war on Ukraine is upending the global uranium market to the benefit of Canadian producers of the nuclear fuel, according to an analyst at RBC Capital Markets. Andrew Wong predicts shares of Cameco (CCO)(CCJ) and NexGen Energy (NXE.TO)(NXE) have more room to run after climbing more than 40 per cent so far in 2022.



https://ca.finance.yahoo.com/news/uranium-stocks-2022-cameco-nex-gen-upgraded-russia-upends-market-184356785.html

This mornings smart-ass shorters, and calls sellers, and put buyers, along with the corrupted MM manipulators that were mostly behind this morning pullback, so they could cover shorts, and steal and grab cheaper shares from clueless sellers, who are now either sorry they sold, or red on those shorts.

Calls loaded up

Uranium Baby !....We're gonna need lotsa JUICE !....Judging by this chart

To deploy Canada’s first commercial, grid-scale small modular reactor at Darlington, Ontario Power Generation announced a partnership with GE Hitachi Nuclear Energy on Thursday, Dec. 2.

They will collaborate on the small modular reactor (SMR) engineering, design and planning, as well as preparing the licensing and permitting materials and performing site-preparation activities. The companies plan to construct Canada's first commercial, grid-scale SMR at the Darlington Nuclear Generation Station in Clarington.


https://www.thestar.com/local-clarington/business/2021/12/06/today-is-a-great-day-7-quotes-on-opg-s-new-nuclear-in-clarington.html

To deploy Canada’s first commercial, grid-scale small modular reactor at Darlington, Ontario Power Generation announced a partnership with GE Hitachi Nuclear Energy on Thursday, Dec. 2.

They will collaborate on the small modular reactor (SMR) engineering, design and planning, as well as preparing the licensing and permitting materials and performing site-preparation activities. The companies plan to construct Canada's first commercial, grid-scale SMR at the Darlington Nuclear Generation Station in Clarington.


https://www.thestar.com/local-clarington/business/2021/12/06/today-is-a-great-day-7-quotes-on-opg-s-new-nuclear-in-clarington.html

To deploy Canada’s first commercial, grid-scale small modular reactor at Darlington, Ontario Power Generation announced a partnership with GE Hitachi Nuclear Energy on Thursday, Dec. 2.

They will collaborate on the small modular reactor (SMR) engineering, design and planning, as well as preparing the licensing and permitting materials and performing site-preparation activities. The companies plan to construct Canada's first commercial, grid-scale SMR at the Darlington Nuclear Generation Station in Clarington.


https://www.thestar.com/local-clarington/business/2021/12/06/today-is-a-great-day-7-quotes-on-opg-s-new-nuclear-in-clarington.html

To deploy Canada’s first commercial, grid-scale small modular reactor at Darlington, Ontario Power Generation announced a partnership with GE Hitachi Nuclear Energy on Thursday, Dec. 2.

They will collaborate on the small modular reactor (SMR) engineering, design and planning, as well as preparing the licensing and permitting materials and performing site-preparation activities. The companies plan to construct Canada's first commercial, grid-scale SMR at the Darlington Nuclear Generation Station in Clarington.


https://www.thestar.com/local-clarington/business/2021/12/06/today-is-a-great-day-7-quotes-on-opg-s-new-nuclear-in-clarington.html

Clean energy

Grabbed a starter on this morning's dip. $CCJ

Nailed it!

Liking CCJ...

Grabbed a starter position.

Wow, what's that gonna mean for the stocks then?

Germany pushes ahead with nuclear phase-out

https://www.dw.com/en/germany-shuts-down-atomic-plant-as-nuclear-phase-out-enters-final-stretch/a-51845616

My take on Cameco Conference Call:

Gitzel Gets it!

Gitzel is a REAL CEO. His defense of Cameco’s “A Contract is a Contract” belief demonstrates that he means business. It is conceivable that in light of the TEPCO ruling, RELIABLE PRODUCERS such as CAMECO are going to be less likely to sign VERY LONG TERM CONTRACTS unless an insurance price is factored into it. If buyers don’t want to live up to their end, then they will have to pay up or they will have to work with shorter term contracts. That is a very real possibility and other operators/buyers will have Tepco to thank for it.

Cameco is NOT there to see others achieve their profit targets. - Well said Cameco.

Cameco holds $1.1 billion in cash. Not bad for a company that shut down their biggest mine.

Cameco is batting 3 for 3 in terms of executing their strategy.

“I’ve seen this movie twice before” – This comment speaks volumes.

Supply is less certain and, in fact, declining. As I stated yesterday on the UEX board, sometimes a picutre is worth $millions.


Discussing with Tier One customers what it takes to protect supply going forward. These customers want certainty of supply from RELIABLE SUPPLIERS. - In other words, price may be important to the buyers but certainty of supply is even more important.


As a Uranium and Cobalt Investor, I never liked the concept of intermediary buyers and some have taken exception to that view when I expressed it in the past. Look at Cobalt 27. They no longer exist. They sold out. Now I hear Cameco addressing intermediary buying and the panic that sometimes kicks in. Listen in to the following part of Cameco’s conference call.

IMPORTANT: 34:23 mark of the Cameco Conference Call – The following is me paraphrasing:

Intermediaries are panicking and not living up to their chosen strategy. Cameco will let them panic and take advantage of it. I could say that the same goes for Uranium Mining Stock Investors who are panicking. That is why I like to say:

LIVE LONG AND PROSPER

Click below for Cameco Conference Call. Thanks for the link @quakes99 twitter feed.

Click here for full Conference Call

News: $CCJ Arbitration Tribunal Rules in Favour of Cameco Inc. in TEPCO Contract Dispute

SASKATOON, Saskatchewan, July 13, 2019 (GLOBE NEWSWIRE) -- Cameco (TSX: CCO; NYSE: CCJ) announced today that a tribunal of international arbitrators (Tribunal) has ruled in favour of Cameco Inc. in its contract dispute with Tokyo Electric Power Company Holdings, Inc. (TEPCO). The Tribunal...

In case you are interested Arbitration Tribunal Rules in Favour of Cameco Inc. in TEPCO Contract Dispute

News: $CCJ Cameco Pleased with Section 232 Decision on U.S. Uranium Imports

SASKATOON, Saskatchewan, July 13, 2019 (GLOBE NEWSWIRE) -- Cameco (TSX: CCO; NYSE: CCJ) today responded to the decision by President Donald Trump to implement no new trade restrictions on uranium imports into the United States following the Section 232 investigation into the matter. &#...

In case you are interested Cameco Pleased with Section 232 Decision on U.S. Uranium Imports

If the world is using more nuclear Power not only miners will surge.
Uranium enrichment is also necessary. A unique laser-based technology wich is more efficient than the existing zentrifuge-Bässe technology has Silex Systems.
Investors see this advantage. Silex Systems is leaving the bottom.

http://www.silex.com.au/SILEX-Laser-Uranium-Enrichment-Technology

CCJ is making a stealth climb up in fits and starts. Uranium stocks will be yuuuuuuge.

Laramide Resources - A comparison of sorts


August 17th :






7 weeks later....How much higher can it go ?










That's gonna depend an awful lot on Cameco : (these from September 27th - 7 trading days ago) :










Currently trading at 15.66.....High on last Friday - 16.00





nowwhat 2018

Gotta hand it to you-nice call. Still, for me I can't buy at these levels-


BOL!

Cameco's court victory leaves Cameco with more money to buy Uranium on the SPOT market meaning that they don't need to re-open McArthur to meet their delivery commitments. This means that the supply vs demand issue continues to widen which in turn should result in higher uranium price.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=143836637


Thanks Destinator for that explanation !

Upgap News = THIS

https://thestarphoenix.com/news/local-news/it-was-a-vindication-of-our-position-our-company-cameco-celebrates-tax-court-victory-in-cra-dispute


http://ih.advfn.com/p.php?pid=nmona&article=78340416

A Cameco (Uranium) Update :

4 trading days ago :







.





4 days later :












.


A Big Picture View : The Rectangular Box Insert = The charts above - Todays' upgap can be clearly seen





There's obviously some kind of news that's just come out....





Now to go and find it....

Well suit yourself myte. Me - I like T.A.
I find it very effective and helpful.
However I only consider good-looking set ups.
Not that these next two charts are wonderful set ups (2 weeks ago Micron tho, was one)...
Many longed it at 41





Cameco : ca:CCO



I be lookin' 'round 12-ish perhaps on Cameco

What given that that'd be a 1/2 decent set up

I don't think it will be a matter of drawing lines on a chart. We need to be very, very patient.
I like the nuclear story-waiting for CCJ to retest low in the $7 area.

It is actually overvalued right now IMHO.


MY OPINION ONLY- I HOLD NO POSITION RIGHT NOW-DO YOUR OWN DD!!!

https://www.google.ca/search?source=hp&ei=rO9ZW76MLNa60PEPwJWW4Ao&q=uranium+news&oq=uranium+news&gs_l=psy-ab.3..0i131k1j0l6.630.4985.0.5468.13.12.0.0.0.0.341.1605.5j5j1j1.12.0....0...1c.1.64.psy-ab..1.12.1601.0..35i39k1.0.7X94-BXl884


https://www.bloomberg.com/news/articles/2018-07-25/cameco-suspends-production-at-canadian-uranium-mine-indefinitely

UEC is the other top notch Uranium play

This uranium pick has been doing quite well !








Was hoping that that $15 would act as Killer Resistance and that I could re-enter it cheaply....

But here now today, we can see that it's busted thru that $15 : (see top chart)




This from a month ago : (the 1st day it hit $15)

FYI Your claiming you can call stocks So prove it with a number of correct calls that will come in the future Prove it instead of name calling That makes you the one that is crazy So put up or shut up We will see Later............................

Don't mind that guy :

He's a total nut-case....

TRY reading a few of his posts.

Opps Sorry typo That Is nowwhats2 many incorrect calls elsewhere Not to confuse it with any other charting that is correct here We shall see