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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 Mar 08, 2016 7:16am
193 Views
Post# 24633266

Re Fairly weak holes

Re Fairly weak holesAt least it adds to the total and can be mined by drilling through  500 meters less rock than NXE.  PLS will be very profitable even at the current U308 price of about $45.00 Can. By the time NXE gets the money together to mine a high grade deposit over 700 meters down dilution will have sucked all the upside for current investors. 
When the next update hits the press PLS will be close to the same size as Arrow and the numbers will be far more reliable. Inferred means nothing as has been pointed out by NXE investors bofore on this board ragarding the small number in PLS reports. 
NXE will need to spend a ton of money to drill Arrow to where PLS is now. They allready know that the only way Arrow will increase in size is deeper as every hole to the side comes up zero. 

Bullboard Posts