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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Energy
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

Fission Uranium Corp
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Comment by Tinmannon Mar 08, 2013 11:24am
238 Views
Post# 21100080

RE: RE: RE: RE: Correct me if I am wrong here

RE: RE: RE: RE: Correct me if I am wrong here

That's true. The only issue with FIS until the DML deal closes is that it doesn't have the same leverage to PLS. If AMW goes up $20 million in market cap because of PLS, then FIS goes up that much in market cap too. Problem is that $20 million is way more percentage-wise for AMW than it is for FIS because until the deal closes FIS' market cap is almost 2x that of AMW. Once the DML deal closes in late April that issue will go away.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities