Lots More to Explore?We all know that the Athabasca Basin is one of the world's best locations for high grade uranium.
It's also in one of the world's friendliest political climates, as Saskatchewan welcomes uranium exploration. FCU has lots of land holdings in the basin with lots of opportunity to explore and grow their current resource estimate. Does anyone know what % of their land holdings have been explored? Not only do they have a very mineable, shallow, high grade proven deposit now, but the opportunity to add many more pounds to their totals is phenomanal.
FCU has zero worries about any financings, as CGN will step in at any time.
Fission's holding in this area are far too valuable with the potential to dramatically increase their resource pounds. We just need to see the spot price start to move. I think it is a very under-valued stock at the moment.