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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 bulavaon Jul 21, 2014 12:36pm
311 Views
Post# 22766083

RE:Dundee: Buy rating & $2.10 target price for Fission Uranium

RE:Dundee: Buy rating & $2.10 target price for Fission UraniumThis is concerning but not surprising:
"Cash: ~$30 MM currently. It will need to raise money by YE for 2015 Winter drilling, current cash should hold it through summer drilling and an initial resource."

So is the general concensus there will be financing/PP this fall? We've seen the effect of share dilution before, but hopefully the market and assay results buffer that effect.


In other news, haven't posted for a while -- but glad having "nopoo" on ignore, because reading all the reply thread, its just embarassing for that poster.  More like "noclue".
Bullboard Posts