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Mining Weekly reported Mickey Fulp, Mercenary Geologist website author said the next uranium target could be Fission Energy (CVE:FIS).
Mining Weekly reported Mickey Fulp, Mercenary Geologist website author said the next uranium target could be Fission Energy (TSXV:FIS).
The market news is quoted as saying:
The world’s biggest uranium producer, Cameco, in late August made a C$520-million hostile bid for Hathor to gain access to Roughrider, which the Vancouver-based junior formally rejected this week as being too low and “predatory”.
Fulp’s comments, made at the Toronto Resource Investment Conference, back up what other analysts have said about Fission Energy ultimately becoming a takeover target itself.
“Whoever ultimately ends up with Hathor, and I’m certainly not convinced it’s going to be Cameco, they’re going to have to take out Fission Energy too,” said Fulp.
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