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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 GuyInPhoenixon Sep 03, 2015 11:16am
279 Views
Post# 24075275

One More Time Where Great PEA doesn't mean Higher Stock

One More Time Where Great PEA doesn't mean Higher StockPrediction after prediction as to what is going to propel the stock. You can now add a PEA with good economics to a list of items which did NOT propel the stock.

But that was actually to be EXPECTED if you have paying attention to what has happened to a laundry list of other junior mining stocks during the past several years of this bear market.

Many companies have released remarkable PEAs and FS -- some with relatively low CAPEX -- and the stock price has gone DOWN anyway.

Nothing is going to change this until the sentiment changes in the commodity sector and the wind is finally at our back again.

So the only question at this point is whether you would rather wait for that rebound as part of the merged entity or as a stand alone company.

Personally, I am still voting no.
Bullboard Posts