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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 4:22pm
93 Views
Post# 24086794

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

RE:RE:RE:RE:how do you explain.....
jawcellis wrote: @soulutionfinder wrote  "FCU keeps on drilling":  What is your propsosal when the money runs out? 



As long as the drill results continue positive it makes sense to raise money. As long as the increased reserves from new drilling increase the net asset value more than the dilution of new shares it makes good business sense to continue. Every 10 million pound increase makes it that much harder for majors to ignore.
Bullboard Posts