Thoughts on DML+FCUFor discussion:
1. Caught somewhere in time?: Correct or clarify this history where needed, but Denison nearly had the PLS area (and its then, still unknown massive U3O8 maiden resource) but it was taken out of the deal last-minute when FIS was created. So they are - in a way - paying to go back to the start, are they not?
2. Today's announcement explains why some on this board didn't get a response from Fission IR department on questions regarding the upcoming PEA, resource estimate, and drilling schedule. Interesting that @Quakes received a thorough prompt answer, however.
3. M&A and focus on Athabasca basin U sector. We all wanted the attention and M&A around U companies, and this announcement sure brings attention. Unfortunately its not what most had in mind. In this case, any news might not all be good news.
4. Wasted Years. Amazingly, all the local 'village idiots' as they were once called - @tarquin, @uwatcher, @deacon, etc etc, even though they were offensive and provocative, and we couldn't stand them in 2013 and 2014 --- where absolutely right. Two years ago you would have been better off putting money elsewhere. There was no U demand and the sick charts tell the tale of the tape in all the U stocks. But the market is a cruel mistress, so we continue to wait.
5. The Clairvoyant: the future holds positives such as Japanense reactor re-starts, new U supply contracting cycle, large reactor building projects in China/India, and more. The cure for all the worry and arguing here is higher U3O8 prices: that we all can agree on. Unfortunately we can't take that advice to the bank, just yet.