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

Bullboard Posts

Comment by georck27on May 30, 2014 5:57am

370 Views

Post# 22613442

RE:RE:Canaccord: Buy rating and no target for Fission Uranium

Also interesting that each new set of assays provides for higher resource estimates and SP doesnt react. Cant we just assume the upside is >100 mil lbs. once drilling and assays are in?

SP is only discounting 40 mill lbs at $11 U in ground. But resource estimates are ranging 51 - >100. This is an indication of sentiment these days for U. It must be at or near the bottom of the market because investors are not paying anything close to estimates.

Bullboard Posts

This junior mining stock offers billions in market exposure