the collapse of cameco, page-3

Good point, that for comeco to fill its obligations by buying out another producer, so long as the contract obligations of the target has spare capacity,

I dont know of all pdns cotnract obligations, but dont forget that comeco and pdn share the angela pamela deposit as well, easy pickings.

I we are seeing some profit taking today from the small run, but if comeco are serious, i think that the selling side will thin out a bit, those who realise that, when you are sought after, and there is more than one potential buyer, possibility of a bidding war could eventuate.

I think anything will likely be months off, but mostly we are seeing position taking, and this will establish a new support line in the interim.

So, to early to say where that is, but around 3.50, until rumours turn to fact?

cheers