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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 Uran216on Dec 29, 2014 7:10am
372 Views
Post# 23268420

RE:43-101 estimate

RE:43-101 estimate
I think China will be in the mix somehow...
1. They have been rapidly converting paper assets (US bonds) for physical assets
2. They plan long term
3. They have no choice but line up Uranium because of pollution, population, and to make another step up to being a world player. The reactors are being built.

A question for the board....
The FCU  executives must think the initial 43-101 will be very good -why else would they only plan for 30 delineation holes? In addition, any, or most of, winter assays will come in after the PEA and FCU is obviously turning toward exploration in other areas.

ESO (for those old investers) and FCU both had management strengths and weaknesses. One of Dev's great strengths is his networking. I have to believe he has a good handle on the selling end of PLS.
Bullboard Posts

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