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 bulavaon Feb 11, 2015 1:36pm

184 Views

Post# 23418835

RE:RE:RE: Unwanted takeover deterrent?

@PT and @Quakes agreeing and friendly?!? Am I taking crazy pills?!
;)
Glad we are all on the same team --- now lets hope for a big FCU sale & payday!

PamplonaTrader wrote: Thanks Quakes. I think the rationale was two-fold.... to fend off unwanted takeovers AND for optionality to discovery. My sense is that there was enough smoke from Clearwater West/Fury Zone to compel Dev to make this move now.

NXE should be putting out results early next week... they have a whack of warrants expiring late February so they will want to put out price sensitive news.

As well, PLS 43-101 will be filed on SEDAR in a couple weeks. I noted that this may be a catalyst when the 43-101 tables were released in early January.

The timing seems right.