Camecos share price has been recovering nicely and was up 3.54% alone last night.
I think the market is dismissing the rumours Cigar Lake will be mothballed.
Talking about mothballed have been reviewing The Enron Collapse. Did people know they built a $2 billion power plant in India and the country couldn't afford to pay their bills.
One of the most modern electricity plants is now sitting idle gathering dust and rusting away.
P.S. People should familiarise themselves with the Enron scandal in detail imho. Fascinating story of corruption, major fraud, with the seemingly blind authority by the banks and broking houses, manipulation of power grids forcing outtages i.e. deliberate blackouts to drive energy prices higher. Traders for Enron were making $1-$2 million consistently a day!!!!
camecos cigar lake dream in shatters, page-17
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$9.37 |
Change
-0.420(4.29%) |
Mkt cap ! $2.802B | |||
| Open | High | Low | Value | Volume |
| $9.68 | $9.73 | $9.33 | $25.98M | 2.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $9.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.37 | 7986 | 2 |
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