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Destinator

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Destinator

Re: Ashaman post# 224

Thursday, 09/27/2018 9:31:07 AM

Thursday, September 27, 2018 9:31:07 AM

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To start with, CAMECO does not have to pay the huge tax bill that the tax man claimed. This makes CAMECO more profitable. CAMECO is a Market Leader when it comes to the Uranium Industry. This morning's bids show just how much the ruling means to CAMECO. Already Cameco is up 21%.

As alibongo points out CAMECO owns a good part of UEX. Uranium investors can see a chain reaction from this rulling. The court case caused Cameco to lose share value and now that overhang is GONE.
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