RE: Struggling cameco Is good for BKY31 Jul 2017 11:48
Disagree, had a large chunk in Cameco purchased 18 months ago and was about £7k in profit at one stage but sold when it dropped to buy price. Repurchased a few hundred shares this year as it is a large producer and I am not convinced that the Canadian Gov. want it busted by a tax case, the lawyers will do a deal. Like any investment it is a punt and as regards any uranium stock a risky one at that. I remain of the view that globally low carbon electricity is a must have and nuclear one of several reliable means of production. Prices will rise and surviving miners will recover, some very strongly.