Cameco Corporation (CCJ) Options

Buying time?

Cathie Wood bought CCJ in the last few days at a price higher than today. I own a bunch from years ago up several hundred % so far
https://www.investors.com/news/cathie-wood-cameco-top-uranium-play-nuclear-stocks-crater/#:~:text=Wood's%20ARK%20Autonomous%20Tech%20(ARKQ,CCJ%20gaining%202.3%25%20to%2048.60.

Mighty quiet in here. Anyone following ccj think this is a good reentry point. I owned this stock years ago, but have not followed lately.

Nuclear revival is going to need a lot more uranium

https://uraniumequities.com/uranium-reports/2024/11/Uranium_RBC_Nov21_2024.pdf

Form 144 - Report of proposed sale of securities
December 05 2024
https://ih.advfn.com/stock-market/NYSE/cameco-CCJ/stock-news/95046533/form-144-report-of-proposed-sale-of-securities

Cameco Announces Filing of Document
November 14, 2024
https://ih.advfn.com/stock-market/NYSE/cameco-CCJ/stock-news/94913312/cameco-annonce-un-depot-de-document
Cameco (TSX: CCO; NYSE: CCJ) today announced that it has filed a technical report for the operation of Inkai on a Voluntary basis under NI 43-101 – Disclosure Mining Projects ("NI 43-101"). The report is filed for the purpose of providing information to on the Inkai farm and not as a result of a requirement to under NI 43-101. The technical report is published on our website and on SEDAR+ at www.sedarplus.ca and on EDGAR on the SEC's website at www.sec.gov. Our site SEDAR+ and EDGAR are not included in this press release and are not incorporated by reference herein. The reader is invited to read the technical report in his including all qualifications, assumptions and exclusions it contains.

Amazon Goes Nuclear, Sending IBD's Stock Of The Day Skyward
https://www.investors.com/research/ibd-stock-of-the-day/amzon-goes-nuclear-cameco-stock-explodes/

keeps climbing

Cameco Named to the TSX30 for 2024
September 10, 2024
https://ih.advfn.com/stock-market/NYSE/cameco-CCJ/stock-news/94526973/cameco-nommee-au-tsx30-pour-2024

Form S-8 - Securities to be offered to employees in employee benefit plans
August 08 2024
https://ih.advfn.com/stock-market/NYSE/cameco-CCJ/stock-news/94347849/form-s-8-securities-to-be-offered-to-employees-i

Number of shares outstanding as of August 2024 : 434,185,000
According to Cameco 's latest financial reports and stock price the company's current number of shares outstanding is 434,185,000. At the end of 2024 the company had 434,185,000 shares outstanding.
https://companiesmarketcap.com/cameco/shares-outstanding/#:~:text=Number%20of%20shares%20outstanding%20as,company%20had%20434%2C185%2C000%20shares%20outstanding.

Deja vu 😜

Chart.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174858240

Cameco 2Q Profit Rises
Published: July 31, 2024
https://www.marketwatch.com/story/cameco-2q-profit-rises-d4de7c99?mod=mw_quote_news
Cameco reported higher profit in the second quarter and set guidance for the full year that misses analyst expectations.

The Canadian uranium producer on Wednesday posted net income of 36 million Canadian dollars ($26 million), or C$0.08 a share, up from C$14 million, or C$0.03 a share, in the comparable quarter a year ago.

Cameco said its results continue to reflect a transition to tier-one economics.

Adjusted earnings, which excludes exceptional costs and one-off items, were C$0.14 a share, missing analyst expectations of a rise to C$0.25 a share, according to a consensus poll on FactSet.

Look Inside the Westinghouse AP300™ Small Modular Reactor (SMR)

Cameco, Saskatchewan Power, Westinghouse Electric Mull Nuclear-Reactor-Tech Use
Published: June 17, 202
https://www.marketwatch.com/story/cameco-saskatchewan-power-westinghouse-electric-mull-nuclear-reactor-tech-use-51f7d857?mod=mw_quote_news
The AP300 small modular reactor it will be what AI needs,easier to get online.
The three parties said Monday that they have signed a memorandum of understanding to evaluate the potential technical and commercial pathways to deploy Westinghouse's reactor technology, including the advanced AP1000 reactor and AP300 small modular reactor, for long-term electricity supply planning.

No posts here in nearly four months? With uranium the "new oil" and Cameco leading the parade?
Who'd a thunk it?

CCJ needs to do at least a 2-for-1 Forward Split, ASAP!

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

https://twitter.com/cameconews/status/1579941866887254016

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