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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (10398)	11/28/2014 10:17:25 AM
From: Goose94	Read Replies (1) \| Respond to of 203895

Fission Uranium (FCU-T) Joe Mazumdar, senior mining analyst with Canaccord Genuity, earlier this year called its project along the southwest margin of the Athabasca Basin “outstanding,” with results that indicate a shallow average depth of the U3O8 mineralization. He estimates a resource of 34 million to 35 million pounds grading 3.6% U3O8. In a December 10, 2013, interview with the Financial Post Raymond James analyst David Sadowski calls the company’s Patterson Lake South (PLS) discovery in Saskatchewan’s Athabasca Basin the last known “high grade, easily open-pittable uranium asset left un-mined in the world.” He added that it should operate with extremely low cash costs and still has plenty of exploration upside. The company has $22 million in cash as of July 31, 2014, and no long-term debt.