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

Post by georck27on Jun 18, 2015 6:34am

204 Views

Post# 23842820

FCU / NXE Pair trade

Whats going on is: The idea being to lower risk by shorting fcu and buying nxe and make money on the narrowing spread in stock price. Traders use pair trades all the time and this seems to set itself up nicely. You treat it as a seperate trade and keep both your fcu and nxe long positions in this huge regional play. There are risks and you would lose money if the spread increased as a result of a fcu takeover.

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