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Cameco CCJ results were not so encouraging      2-Nov-09 10:34 pm    
TORONTO, Nov 2 (Reuters) - Cameco Corp (CCO.TO) said on Monday its third-quarter operating profit fell 18.1 percent, due to lower uranium sales and higher production costs, and despite stronger production of the nuclear fuel.

Excluding one-time items, the company posted earnings of C$104 million, or 26 Canadian cents a share, down from C$127 million, or 37 Canadian cents a share, a year earlier.

The result fell short of analysts' expectations of a profit of 33 Canadian cents per share, as polled by Thomson Reuters I/B/E/S.


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Now sell this thing hard so I can get in later at a cheaper price! I do want back in - but not at this level and not with earnings so close. Too scared to hold this one through earnings - they may miss and get punished for it. Or I may be wrong and have to move on to another stock - Where she lands - nobody knows. Long term looks good though.


Sentiment : Strong Sell
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undermindu2

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Cameco CCJ results were not so encouraging
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Denison Mines Corp. (DNN)

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On Dec 31: 1.27 Up 0.04 (3.25%)
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