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Cameco and Uranium One Shares in Free Fall - Long Term Remains Strong
The Paragon Report reported on the investing opportunities in the uranium industry and provides equity research on Cameco Corporation(TSE:CCO,NYSE:CCJ) and Uranium One, Inc. (TSE:UUU,PINK:SXRZF).
The Paragon Report reported on the investing opportunities in the uranium industry and provides equity research on Cameco Corporation(TSX:CCO,NYSE:CCJ) and Uranium One, Inc. (TSX:UUU,PINK:SXRZF).
The press release is quoted as saying:
Access to the full company reports can be found at:
Analyst group Resource Capital Research says the dynamics driving the sector have changed in the aftermath of the meltdown, with Germany planning to close all 17 of its nuclear power reactors by 2022.
In the long term, prospects look brighter as China and the United States drive the future of nuclear energy. China’s long-term planning agency announced that by 2020 it intended to raise nuclear power’s share of the country’s total energy production to 112 gigawatts, or 7 percent, up from the previous target of 70 gigawatts. China’s nuclear growth plan had come into question following the tragic earthquake and nuclear disaster in Japan earlier this year.
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