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SomeCreep · 10-23-2006, 05:25 PM

Lars, did you sell all your CCJ or did you take the hit?

TORONTO, Oct. 23 (Reuters) - Cameco Corp. (CCO.TO: Quote, Profile, Research) (CCJ.N: Quote, Profile, Research) said on Monday it cannot contain flooding at its Cigar Lake uranium project in Saskatchewan after a rockfall over the weekend sent water into the underground mine.

As a result, Cameco, the world's biggest uranium producer, said it will allow the mine, which is under construction, to fill with water. It did not say how long it would take to repair or when production would start.

10-23-2006, 05:25 PM
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	Lars, did you sell all your CCJ or did you take the hit? TORONTO, Oct. 23 (Reuters) - Cameco Corp. (CCO.TO: Quote, Profile, Research) (CCJ.N: Quote, Profile, Research) said on Monday it cannot contain flooding at its Cigar Lake uranium project in Saskatchewan after a rockfall over the weekend sent water into the underground mine. As a result, Cameco, the world's biggest uranium producer, said it will allow the mine, which is under construction, to fill with water. It did not say how long it would take to repair or when production would start. __________________ Webair Hosting I use and recommend Webair for hosting.