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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.


TSX:FCU - Post by User

Bullboard Posts
Post by Campinon Jan 28, 2013 11:02am
526 Views
Post# 20899210

A question?

A question?

How do you think FIS will respond if the news is good (or bad) out of PLS?  

Will the stock climb in anticipaition that when PLS is spun out into NewCo it will immediately be valued higher or since the takeover has a 70 million value the stock might be locked in a range until April when this is all resolved?  And this is assuming no competing offer for the company... 

Just curious... any thoughts?

Bullboard Posts