$30.69
-0.52 (-1.67%)
Cameco Corp (USA) (CCJ)
CAPS Rating:
The Company is engaged in the exploration, development, mining, refining, conversion, and fabrication of uranium for sale as fuel for generating electricity in nuclear power reactors in Canada and internationally.
RSS Headlines
Fool UK
Recs
Energy will become a major national security issue with-in 5-10 years. And by this I mean there most likely will be no OPEC, there will be very little sharing of resources.There will not be one market OPEC to buy oil from so long as you can pay it. Oil, Natural Gas, and Coal will be tactical weapons used by governments to control other governments. Therefore, the US, to maintain and grow economically will eventually have to go nuclear. Green tech won't make up the difference in the amount of time we need them to, and the countries that have the resources we need don't like us.Uranium levels the playing field resource-wise. If we were smart, the next administration would start building nuclear plants in the next 4-5 years.