ARTICLE: What Does Cameco’s Production Cut Mean for Uranium?


Excerpted from September 30, 2017

What Does Cameco’s Production Cut Mean for Uranium?

Publisher’s Note: Last week, Cameco announced a major supply cut in the uranium market. Next year it will take 13 million pounds, or 9% of global supply, off the market. Uranium stocks responded immediately. I caught up with CanAlaska CEO Peter Dasler to get some color on the situation, as he has a unique perspective considering his company’s joint venture with Cameco. Enjoy.


Nick is the founder and president of the Outsider Club, and the investment director of the thousands-strong stock advisories, Early Advantage and Wall Street’s Underground Profits. He also heads Nick’s Notebook, a private placement and alert service that has raised tens of millions of dollars of investment capital for resource, energy, cannabis, and medical technology companies. Co-author of two best-selling investment books, including Energy Investing for Dummies, his insights have been shared on news programs and in magazines and newspapers around the world. For more on Nick, take a look at his editor’s page.

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