RE:Good uranium read With Fission Uranium and Alpha Minerals at approximately Cdn$ 346 million, already valued at a similar level as Hathor Exploration before its takeover by Rio Tinto, this means that Fission Uranium and Alpha Minerals are strongly overvalued
I disagree with Marino Pieterse's statement on Fission/Alpha being overvalued, the fact that the PLS deposit is very unique in terms of its high grade and easy accessiblilty, is enough evidence that even with today's low Uranium prices, PLS is still an extremely viable acquisition. There are still in early stage exploration and we all know that the best time to acquire undervalued resources, from a major's perspective, is during a time where price U price is low but future demand is unquestionably going to be high.