Hi Grant, I hope that you right about Cameco's Cigar Lake. All other uranium stocks will go on a tear, if the problems at Cigar Lake are worse than we have been told. I have heard the same thing about the mine if not finished, will take alot longer, and be much more expensive. I even heard that they were scared about the mine three months before they had any problems. Of course we still need their pr about Cigar Lake. Some say it will be in early February, while I heard that a spokesman for Cameco during a media session about their stock falling, said that Cameco promised an update in January during their December update. Someone pointed out to their spokesman that the end of January was next week. He said that Cameco promised an update by the end of January and they will keep their promises. So I guess it's next week, or the week after. I expect Cameco to sugar coat their pr about Cigar Lake. IMHO, they will never say that the mine is finished, only delayed. They are not going to give up on a mine that has a grade of 23% and over 200 Million pounds. However I am hoping that the experts will not be deceived, and bad news is bad news, however Cameco puts it. Word must be getting out the way Cameco's shares have been falling. I also heard that the water leak is twice what the plant can handle. Again I don't know if that is true. I guess we will all see. Just my opinion.
PDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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