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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 Razerratoron Apr 02, 2016 9:20pm
206 Views
Post# 24724559

Slowly Accumulating

Slowly Accumulating
Having owned and closly followed numberous Athabasca plays, i'm invested in FCU. There is no reason to sell now, just to slowly accumulate during the inevitable long term growth. We know they have years to wait for U prices rise:
They have enough indicated resources to justifying mining at a future date. They are not running out of cash. They are adding to their resources. A large proportion of their shares are being held by longs. They have not experienced a recent unsupported price increase. Other posters have taken time to show their fundamentals are strong and support a higher share price.
We don't know why people are bashing this stock (maybe to accumulate?). We don't know when the price of U will rise. We don't know if a buyout or merger will happen.
The positive knowns outweigh the unknowns
I can afford to wait and having read 1000's of posts (as a lurker) on FCU, UEX, NXE, AL, CCO, DML, ETC. I'm in.
Bullboard Posts