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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 Mar 03, 2015 2:15pm
118 Views
Post# 23484795

RE:RE:RE:Takeover offer musings...

RE:RE:RE:Takeover offer musings...
Thanks, Quakes. With what you stated I think FCU still has a bit of money to do many shallow holes. Anyone have an idea of how much cash is in the bank? More problematic is the time factor before a bid would come in. Although, I think if a bid did come in management/ shareholders would want to see all the assays that are in the pipeline before making a decision. I would like a lot of fast drilling on 600w to fill up that pipeline.

With buyout, taxes, and receiving another company's shares - hard to make a call until I know what shares are being offered.
Bullboard Posts

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