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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 24, 2015 8:24am
212 Views
Post# 24130770

Seeking IQ

Seeking IQI am in Yes camp. The merger gives us time and cash flow to continue drilling without anymore dilution in the depressed U308 market.To sell or do a financing in the current market makes no sense. The merger will provide time to get what this deposit is worth. Both stocks have dropped to a level that is bargain if you are a longer term investor. The merger is being blamed for the low stock price but every stock in the space is beat up. So they better find a better reason and it could be all the bashing of a great management team.
Bullboard Posts