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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 infocountson Oct 23, 2013 9:55am
430 Views
Post# 21840477

Shaw comment

Shaw comment Malcolm Shaw has been pretty quiet lately at Seeking Alpha. But he did post this comment in response to a question recently about the sluggish FCU share price after the last 10 holes were announced:

"I think it's just a matter of investors seeing a 'quiet period' as the summer drill program winds down combined with continued general apathy towards the uranium market (witness the Cameco price chart). In my view PLS is beyond the stage where any set of 10 drill holes can really change the thesis that much on the story, so the 'responsiveness' of the story with respect to news is somewhat diminished. The land drilling could be interesting, so we'll see how that goes. In any case, it should be a busy winter program."

https://seekingalpha.com/article/1674432-patterson-lake-asset-consolidation-fission-aims-for-fusion-with-alpha#comment-24508742
Bullboard Posts