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

To: Rocket Red who wrote (11121)	1/13/2015 2:23:06 AM
From: Goose94	Respond to of 203330

And here's your answer

To: Rocket Red who wrote (11121)	1/13/2015 8:21:45 AM
From: Goose94	Read Replies (1) \| Respond to of 203330

Fission Uranium (FCU-T) takeover chatter gains momentum. The monster resource estimate announced by Fission Uranium on Friday has boosted takeover speculation. Chief executive officer Dev Randhawa has done nothing to quell the takeover talk. He says investment bankers are talking to potential bidders. However, he is in no rush to do a deal, as Fission continues to expand its Patterson Lake South (PLS) uranium discovery in Saskatchewan's Athabasca basin. The Post says it has been clear for several months that Fission's PLS discovery is one of the best uranium finds in decades. Investors and analysts, however, were still highly impressed when they saw the initial resource estimate. Fission said Friday the deposit contains an estimated 105.5 million pounds of uranium resources, of which almost 80 million are in the "indicated" category (the rest are in the more speculative "inferred" category). While the discovery is much smaller than Saskatchewan's two largest uranium mines, it compares favourably with everything else in the province. And more than half of the resource comprises a "high-grade zone" that could potentially be mined at very low costs.