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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 toriddogon Dec 20, 2014 8:07pm
513 Views
Post# 23253243

Re Options

Re OptionsIt is disappointing to see granting of more options when the stock price is lower than it was at the end of last year.
Expect pressure on the stock price next week when some shareholders throw in the towel and move on. 
The only positive slant I see if there is one ,is that the options will require them to put the first $1.00 into the company bank account if excerised. 
So if they end up making a nice profit on the options so do the rest of us.  I can't understand why they would do this at this time unless they are confident of a sale ,and know the 43-101 is good. 
If they plan to move on to a new project and this does not end well, they have probably just shot themselves in the foot as the old saying goes !!
Bullboard Posts

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