Thanks for establishing this hub Money. I bought into this financing instead of buying more Fission because of the following:
1. This is not just a one trick pony. They have 4 interesting properties in the AB and one in the Nunavut.
2. They have several major JV partners including Cameco, Rio Tinto and Areva.
3. They have $2M cash and are able to raise $$ in this market. They will not be one of the juniors going bankrupt this year.
4. Management is seasoned and experienced. Wheatley and Tan both have had great exploration success in the AB.
5. Dilution is not an issue....17M shares FD.
6. They have already identified U mineralization on their properties.
7. Targets are shallow suggesting low cost production.
8. They are currently drilling.
Yes this is still basically moose pasture but very prospective and the leverage could be great WHEN they hit.
SN