Deal is approved

Specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Kelowna, British Columbia

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Deal is approved

posted on Apr 23, 2013 02:24PM

Dundee calculates that the PLS deposit is already 25M lbs and open in most directions. If the 3 pods are connected it is safe to assume it will easily be 100m lbs. Dundee has a very conservative valuation of $5 per lb in the ground while most valuations of uranium in the AB are $10 for much deeper deposits. A merger of alpha and Fission would be nice.

The deal has been approved and will now require court approveal....expected on April 26.