Pam,
FCU as well as DML will be bought out by one of these leaders of uranium. Look at the recent descoveries of FCU. They find uranium close to surface, 30.8 m ...I do not remeber exactly, but very very easy to be mined.
DML is as well in Athabasca Basin in northern Saskatchewan and they found
high grade intersections at Zone A of the Phoenix deposit, including 29.6% eU3O8 over 6.5 metres in WR-548. Phoenix is located on the Wheeler River property which lies between the McArthur River Mine and Key Lake mill complex in the Athabasca Basin in northern Saskatchewan.
Cameco Corporation holds a 30% interest in Denisson
I see both of them in the target of CCO
The French uranium business is the the area, so I see this move soon as France is a big consumer of uranium. Competitions is there....
m.
CCO is a very good buy, but for very long term