Palisades To Acquire Radio Fuels: A Lesson On Money Flows In Capital Markets
Another gold company is getting involved in the uranium space.
Or, at least that’s what it looked like on the surface this week when Palisades Goldcorp (TSXV: PALI), an investment firm focused on the gold space, announced that it was acquiring Radio Fuels Energy (CSE: CAKE), who is known for its uranium asset in Ontario.
But as it turns out, Palisades actually appears entirely uninterested in the uranium assets, and instead was after something else.
Let’s dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.