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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 Sep 02, 2015 1:02pm
147 Views
Post# 24072144

Most likely result !

Most likely result !In my opinion the only possible bidder other than the Chinese  would be Cameco. They both would be better off to wait and see if the merger fails and grab FCU cheap  or if it is approved they buy the new company and have added to their dominant position. With the current sad state of the uranium market, Cameco is likely the only hope. If no offer may as well wait for Dension Energy shares which will number 50% of what you now have and double the price of the close.

Bullboard Posts