Brien Lundin-The Gold Report".......
BL: Fission Uranium Corp. (FCU:TSX.V) continues to plough ahead with drilling on one of the world's richest uranium deposits. The company has been boring the market with one stellar drill result after another so the price has actually slid some over the summer. This is a great buying opportunity.
TGR: New drill results have expanded the high-grade R780E zone on its Patterson Lake South property in Saskatchewan. In fact, all of the drill holes so far have hit uranium mineralization. Is this still a standalone company if spot uranium was at $50/lb?
BL: Absolutely not. Fission is really a bet on higher uranium prices. The uranium story is inevitable, just not necessarily imminent. We keep waiting for these supply-demand factors to impact the uranium price and they will eventually. Once that happens Fission is going to be one of the first companies taken out. As it stands now, it's just a great value play. We talk about all of these separate mineralized zones, but all these zones are going to connect in one very large deposit. It's worth every bit and more of what the company is selling for right now. People should just buy it, hold it and wait for a takeout scenario."
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