SEC Comment Letter for CAMECO CORP (CCJ) (CIK 0001009001) (CCJ) — Aug 25, 2005
CAMECO CORP (CCJ) (CIK 0001009001)
Date: Aug. 25, 2005 · CIK: 0001009001 · Accession: 0000000000-05-044106
AI Filing Summary & Sentiment
File numbers found in text: 001-14228
Referenced dates: July 11, 2005, July 8, 2005
Letter
August 25, 2005 Via facsimile and U.S. Mail Cameco Corporation Kim Goheen Senior Vice-President, and Chief Financial Officer 2121 - 11th Street West Saskatoon, Saskatchewan, S7M 1J3 Canada
RE: Cameco Corporation Form 40-F filed on March 15, 2005 File number 001-14228
Dear Mr. Goheen:
We have reviewed your response letters dated July 11, 2005 and July 25, 2005 and have the following comments. Our review has been limited to those matters specifically addressed in this letter. Where indicated, we think you should revise your document in response to these comments. If you disagree, we will consider your explanation as to why our comments are inapplicable or a revision is unnecessary. Please be as detailed as necessary in your explanation. In some of our comments, we may ask you to provide us with supplemental information so we may better understand your disclosure. After reviewing this information, we may or may not raise additional comments.
Form 40-F filed on March 15, 2005
2004 Consolidated Financial Statements
Revenue Recognition, Page 40
1. In your future filings, please expand your disclosure to clarify the three types of revenue arrangements involving sale of uranium and toll conversion services and discuss how you recognize revenue under each arrangement. Please specifically state that you do not enter into arrangements with multiple deliverables including back-to-back arrangements with a single customer.
2004 Management`s Discussion and Analysis
Accounting Change, Page 55
2. We have considered your respond to prior comment number one on our letter dated July 8, 2005. Please contact us at your earliest convenience to discuss the resolution of this comment.
Closing Comments
As appropriate, please amend your filing and respond to these comments within 10 business days or tell us when you will provide us with a response. You may wish to provide us with marked copies of the amendment to expedite our review. Please furnish a cover letter with your amendment that keys your responses to our comments and provides any requested supplemental information. Detailed cover letters greatly facilitate our review. Please understand that we may have additional comments after reviewing your amendment and responses to our comments.
You may contact Yong Choi at (202) 551-3758 if you have questions regarding comments on the financial statements and related matters. Please contact me at (202) 551-3683 with any other questions.
Sincerely,
Jill Davis
Branch Chief
Show Raw Text
<DOCUMENT>
<TYPE>LETTER
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<FILENAME>filename1.txt
<TEXT>
August 25, 2005
Via facsimile and U.S. Mail
Cameco Corporation
Kim Goheen
Senior Vice-President, and
Chief Financial Officer
2121 - 11th Street West
Saskatoon, Saskatchewan, S7M 1J3
Canada
RE: Cameco Corporation
Form 40-F filed on March 15, 2005
File number 001-14228
Dear Mr. Goheen:
We have reviewed your response letters dated July 11, 2005
and
July 25, 2005 and have the following comments. Our review has
been
limited to those matters specifically addressed in this letter.
Where
indicated, we think you should revise your document in response to
these comments. If you disagree, we will consider your
explanation as
to why our comments are inapplicable or a revision is unnecessary.
Please be as detailed as necessary in your explanation. In some
of
our comments, we may ask you to provide us with supplemental
information so we may better understand your disclosure. After
reviewing this information, we may or may not raise additional
comments.
Form 40-F filed on March 15, 2005
2004 Consolidated Financial Statements
Revenue Recognition, Page 40
1. In your future filings, please expand your disclosure to
clarify
the three types of revenue arrangements involving sale of uranium
and
toll conversion services and discuss how you recognize revenue
under
each arrangement. Please specifically state that you do not enter
into
arrangements with multiple deliverables including back-to-back
arrangements with a single customer.
2004 Management`s Discussion and Analysis
Accounting Change, Page 55
2. We have considered your respond to prior comment number one on
our
letter dated July 8, 2005. Please contact us at your earliest
convenience to discuss the resolution of this comment.
Closing Comments
As appropriate, please amend your filing and respond to
these
comments within 10 business days or tell us when you will provide
us
with a response. You may wish to provide us with marked copies of
the
amendment to expedite our review. Please furnish a cover letter
with
your amendment that keys your responses to our comments and
provides
any requested supplemental information. Detailed cover letters
greatly facilitate our review. Please understand that we may have
additional comments after reviewing your amendment and responses
to
our comments.
You may contact Yong Choi at (202) 551-3758 if you have
questions regarding comments on the financial statements and
related
matters. Please contact me at (202) 551-3683 with any other
questions.
Sincerely,
Jill Davis
Branch Chief
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Cameco Corporation
August 25, 2005
Page 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
100 F Street, NE WASHINGTON, D.C. 20549
DIVISION OF
CORPORATION FINANCE
Mail Stop 7010
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