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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 25, 2015 10:39am
249 Views
Post# 23760466

Re Re Be Right and Sit tight.

Re Re Be Right and Sit tight.Very good advice in this market. FCU currently has over 100 million pounds proved up and it will no doubt end up much higher. Enough reactors are going back on stream or under construction to change the supply / demand situation. If you are a longer term investor and not a trader you have nothing to worry about. The end is not in doubt. The only worry for shareholders is to get an acceptable offer . In my view should be north of $3.00. This is an exploration stock and management has no plan to become a producer. So all these mining calculations , operating expenses, and other challenges of a producer are beyond the control of this company. PLS will sell and at a pricee far above the current stock price
Bullboard Posts