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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 Jun 25, 2015 9:16am
317 Views
Post# 23867071

FCU Stock price

FCU Stock priceThis company has moved the PLS project along for over two years with very little bad news along to way. They raised money with no problem as needed to keep on drilling. They found far more U308 than the drilling cost every time. I am now getting a better understanding why some smart investors just watch and wait along the way instead of investing up front in these exceptional new deposits. Look at the number of times the stock price dropped for many reasons with nothing bad happening to the development of the deposit. Glad I bought a bunch at the start but anybody buying today is getting a very good deal and will likely end up in as good a spot as us long term investors. Anyway I guess I was silly enough to think the stock price should only react negatively to bad news and we have had very little of that. The end is near and the money will be going into a boring very safe stocks until Fission finds another deposit. Then will wait to the PEA stage and buyout and avoid dealing with all the junk we have seen. FCU at $1.00 is completely crazy.
Bullboard Posts