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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
Comment by LFGon Mar 23, 2013 12:22pm
191 Views
Post# 21158264

RE: RE: fis is still undervalued

RE: RE: fis is still undervalued

kcobra,its simple math,fis have 170 million shares,multiply 170 million by the closing price,take away 70 million dollars from the dml takeover,and your left with a big number,then look at amw market cap,and see who has the bigger dollar value number,you will find that either fis is way over valued or amw is way under valued.thats why i got out of my fis a couple of weeks ago,and bought back my position in amw,up over a dollar on it,had i stayed on the fis trade i would of been up .08 cents over a 6 week period,thats not very good,in one of the best discoveries made in canada,fis have much to many shares.in the 6 week period,amw are up well over 100%,and fis up about 25%,this is a no brainer,newco have to do a rollback,or it will be the huge laggards in this exiting play.jmho

Bullboard Posts