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

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Message: Re: Uranium One delays new Uranium mine startup in Tanzania...

Quakes,

Your post at Stockhouse, http://www.stockhouse.com/companies/bullboard/t.fcu/fission-uranium-corp-?postid=24644576.

I have a question in regards to this. That is, would you also possibly know what the per lb cost to operate these planned/shutdown mines would be? I fear that the price will go up so much and quickly, that all these prospects will likely become good and operationally fit again. Thus, for FCU and for that matter NXE, should they merge under Cameco et al, it may be a reason to be further sidelined.

That is, I would think that these companys will do all in their power to maintain their infra structure rather then to develop new infrastructure at more cost, as it looks like there is a lot of uranium on tap already that is probably ready to go at initially lower rates to cover the costs/losses so far.

Hopefully they see this as a buyout reason rather than a reason to attempt to block further development.

Good luck and thanks for all your efforts. You help to make FCU Stockhouse bearable to read.

R.

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