February 19, 2009

The Fool Owns Cameco

According to this article, the Fool owns shares of Cameco, a uranium mining company that operates in four segments: uranium, fuel services, electricity and gold.

The Fool goes into more details on the company here and here. The second article notes that an estimated 80 new nuclear reactors will go online by the year 2017 and that Cameco has an extensive client list ready to sell them uranium. This may prove to be a great long term play.

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