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Jan. 16, 2013, 2:49 PMAmong the Fission Energy assets being acquired by Denison (DNN +3.4%) is a 60% stake in the Waterbury Lake uranium project, part of a deposit attached to Rio Tinto’s (RIO -1.9%) Roughrider deposit - which Cantor Fitzgerald says "ties a neat bow on top of Denison for a potential takeout offer" from RIO. The analyst also considers Cameco (CCJ -1.2%) a potential source of a competing offer for Fission. | Comment!
FCUUF vs. ETF Alternatives
FISSION URANIUM CORP. has a new major high-grade, shallow depth discovery at Patterson Lake South (PLS) in Canada?s Athabasca Basin, home to the richest uranium deposits in the world with grades 10x world average. A $12m, 30,000m winter drill program is underway and has hit broad mineralization... More
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