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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 Banner60on Apr 20, 2016 9:49am
133 Views
Post# 24788070

RE:RE:RE:Negative Bashers have hurt Mom & Pop investors in FCU

RE:RE:RE:Negative Bashers have hurt Mom & Pop investors in FCUOne of the better posts on this board in quite some time. Well said!!

moneysworth wrote: Robnati, how can you be so sure? Been at this game a long time, and have profited greatly from a number of Lundin plays over the past few decades. However Lukas, now spread over many companies, was not totally committed to either the uranium space or DML. That may change, but honestly he showed less than a passing interest in Fission. It really wasn't a good fit for FCU. It made better sense for the benefit of management, but nor necessarily for shareholders. And, as an investor involved with a number of past roll backs, this would have been ugly. We would have lost alot of ground and STILL found ourselves digging out of it after the merger. Traders would have had a field day and we'd have lost serious ground. DML is a good company, however Fission is on a different side of the basin, with so much more left to explore. The timing wasn't right to get swallowed into another junior company. Much of any future drilling success would have been lost inside of a much bigger entity. No question, additional blue sky results on new targets, wouldn't have moved the SP of the larger company. Just stating the facts... as a pure play, FCU has more potential to move higher on it's own merits. We are well financed for some serious drilling. The next updated resource estimate and PEA will turn some heads.


Bullboard Posts