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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 May 05, 2015 6:59pm
244 Views
Post# 23697291

Re Re Drilling or Takeover

Re Re Drilling or TakeoverSorry.  Dev and Crew  have made it abundantly clear since their very first drill program that they have zero interest in building or operating a mine. So this possibility is not even on the table and never will be as long as management team remains the same. 
So bottom line is we will be stuck with a stock price in the current range until drilling hits something very big or an offer is recieved. And history has shown us in spades that very good drill results cause a stock price decline . I am convinced that to get a reasonable stock price an offer is needed. This will not happen until drilling is over. 
My hope is that when they have drilled out the current deposit, they spin off all claims not in the deposit and just wait until somebody comes to the table. No further financing or dilution. 
Bullboard Posts