Set down your eyes, and look not at this splendor. For it is not for you, the non-believer.
But to those of you that would listen, all those years ago, and believe…
Cameco (CCO.TO) (CCJ) announced today that ore production has begun at the Cigar Lake uranium mining operation in northern Saskatchewan.
The mining system and underground processing circuits are operational and ore is being transported to the McClean Lake mill operated by AREVA Resources Canada Inc. which is located 70 kilometres northeast of the minesite.
“Cigar Lake is among the most technically challenging mining projects in the world,” said Tim Gitzel, president and CEO of Cameco, the operator and 50.025% owner of Cigar Lake. “The start of ore production is a tremendous achievement and I want to thank the many hundreds of people who helped to bring this exceptional orebody into production.
Now to the rest – come hither and drink from our cup; for it overflow. You are forgiven.
All is forgiven. For those of you that doubted and cast aspersions are wrong and know it.
CCJ is up 6% at the time of this victory lapping.
Year to date gains stand north of 14.5%.
(Horns blast triumph into the wind)
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So I know you said no short-term calls… but I called $26 by end of March. Glad to be on this train too, Cain. Congrats!
Ballsy. Well if it works it works. Forward!
I meant I made $26 PT forecast for March; calls were @ $24, bought @ 0.49. Offloaded some last week, still holding for EOM, though that may have been a bad move. Still long the common. Upward and onward; gap fill on the day.
momo’s and fundies I can’t resist no
longer -Following you in $CCJ-cash
all gone
Sláinte, Mr. Cain Thaler