Updating Cameco Corp., Kingsway Financial Services and Symantec Corp.

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CAMECO CORP. $24.07 (Toronto symbol CCO; SI Rating: Extra Risk) (306-956-6200; www.cameco.com; Shares outstanding: 344.6 million; Market cap: $8.3 billion) has paid $28 million U.S. for an 11% stake in Govi High Power Exploration. Govi explores for uranium in Niger in west Africa. Cameco’s interest could rise to 48% by 2012 if it invests a further $212 million U.S. Govi Exploration holds exploration properties near the existing Arlit mine in Niger, as well as 2,400 square kilometers near Agadiz. Niger is among the world’s top five uranium producing countries. Cameco is already the world’s largest uranium producer, through its operations in the Athabasca Basin. The Niger acquisition lets it diversify in a small way outside that area. Cameco is well positioned to benefit from the longer-term expansion of nuclear power. However, in the shorter term, lower uranium prices and ongoing Cigar Lake delays continue to hold back the stock. Cameco is still a hold. KINGSWAY FINANCIAL SERVICES $7.15 (Toronto symbol KFS; SI Rating: Speculative) (905-629…