This initial resource is outstanding.

Consider that PLS is already the 3rd largest high grade uranium deposit in the Athabasca Basin behind only McArther River and Cigar Lake. And the drilling has only just begun. The deposit is open in all directions. More drilling could easily double this resource.

More significantly the deposits at McArther River and Cigar lake start at over 500M while PLS starts at 60M......it will be an open pit.

I would expect the share price to double next week based on this report.

The price of uranium has increased significantly in 2014 and is expected to continue to climb. Japan will be restarting 4 nuclear reactors in 2015 and China continues construction of numerous reactors with many more planned.

The resource estimate may be just what Cameco et al were waiting for before taking over Fission's PLS property.