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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 totalpkgon Dec 24, 2013 12:34am
410 Views
Post# 22035428

potential for a buyout

potential for a buyoutpossible potential for a buyout, at this price the majors will make a bid for ot soon, most likely first week of 2014, this is just my opinion, look at the way the price is so low,even after the merger,their seems to be lots of selling to keep the prices down , this seems odd, with one of the best discoveries in the basin, if i was the majors,i would want to get in on it,even with uranium prices low,and get a great deal on this pls deposit, even if the majors want they have the resources to hold on to this deposit without mining it for approximately 5 years or less,and mine the property once uranium prices go up,and the demand for uranium increases,,

good luck all.,,
mike t,,



Bullboard Posts