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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 groundhogon Dec 21, 2014 12:26am
534 Views
Post# 23253440

Options really not that bad at $1

Options really not that bad at $1

When you look at FCU trading around $.83-$.85, Director's options at $1.00 isn't really that bad. For retail investors, even If the sp just gets back up to $1.00 in a couple of months, my worst case scenario,  one can still make a 20% profit at this price level.

One would be naive to think that company management works for shareholders' interests, especially in this lousy speculative junior market we are in today.  I am down a bundle myself and I am pretty sure some of you guys are as well.  

One has to understand that management wouldn't want to drown their fortunes, especially these guys when they have built and cultivated this company for so long, and this kind of success doesn't come every day.  Just predict FCU's high and low for 2015.  It has to be over $1.22 (45% profit of today's sp) for 2015's high, otherwise why are we all here wasting time !!!

So, let's hope for the best, and have a prosperous 2015.   

GH

Bullboard Posts