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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 Nov 27, 2013 12:09pm
376 Views
Post# 21946349

Malcolm Shaw ...

Malcolm Shaw ... ... at Seeking Alpha has not posted anything much new for quite some time on Alpha, Fission and PLS. However, he did add this comment a few days ago saying that his positive views of the past have not changed: 
 
Malcolm Shaw:
 
"Yes, there have been several releases over the last couple of months and while I have thought about writing on them, I must say that, all in all, none of them change my view on the project. I believe that PLS has 'made it' in terms of being a 'real' project which the industry can no longer ignore. Much more delineation drilling will be required to establish a 43-101 compliant resource, but the current data suggests that there is a project at PLS worthy of attention by anyone interested in the uranium sector. I would expect an aggressive winter drill program in 2014. Typically, pre-production resource discovery stories are subject to more stock price volatility than a producer like Cameco, for example. I continue to hold a position in Alpha and continually look for new opportunities in the sector. Uranium spot prices are firming slightly and there have been numerous new items recently that are generally supportive of the outlook for the uranium sector going forward. Most of the new opportunities that I am evaluating are truly early stage, but perhaps one day they will be worthy of seeking alpha!"
Bullboard Posts