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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
Comment by CanadianBuckon Sep 08, 2015 2:17pm
95 Views
Post# 24086292

RE:RE:RE:RE:RE:RE:RE:RE:RE:how do you explain.....

RE:RE:RE:RE:RE:RE:RE:RE:RE:how do you explain.....
Greenday wrote: @ juro777 - The $65/lb estimate is over the life the PLS project and may be conservative given that it's in the current range of the all-in average cost of production stated by numerous other producers.  What else is it that you don't know?


AND they would be selling using the long term contract pricing not spot prices and prices would be on average $10-$15 per pound higher maybe more? Does anyone have a chart showing the spread between long term contract prices (say Cameco) and spot prices? I think the last long term contract prices Cameco quoted were about $45/per pound?
Bullboard Posts

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