Re: Uranium Thread
in response to
by
posted on
Mar 05, 2014 12:18PM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
FCU...
"
The Athabasca Basin is a class of its own
Without a doubt, the Athabasca Basin is on the way to becoming the point of call for future uranium supply. Already today, it is home to both the world's largest and richest uranium mines: McArthur River and Cigar Lake. While the worldwide average mining grade is between 0.10% to 0.15% U3O8, Athabasca's mines operate with grades of around 20%. The difference is a factor of 200. This geological distinctiveness, coupled with the stable mining jurisdiction of Canada, is the fundament of the Athabasca Basin's special position in the world making it the place to be for both investors and mining companies.''
FCU does not have the equipement and technologie to get fast the uranium. CCO has.
Japan is planning to restart the reactors this year....
I see a buy out of FCU by CCO....follow the next weeks...
m.