Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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.

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Fission Uranium Corp

Bullboard Posts

Comment by PreludeSHon Feb 22, 2017 7:38pm

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Post# 25880307

RE:gotta wonder if the fcu/dml merger was a good thing

The real answer is at buyout time...as an acquirer would you pick a pure play property that had amazing economics or a company that was diluted by a lot of crappy deep deposits

I choose the former

Smitty2000 wrote: with denison trading at .95 and fcu at .80, im wondering if the fission bod acually called it right when they thought of merging with denison? the offer was for 1.26 shares of denison for each fission share.
all things considered equal, that would be a value of $1.20 at todays prices. hmmmm. gotta wonder

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle