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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.


TSX:FCU - Post by User

Bullboard Posts
Post by Ricktheveton Feb 17, 2010 2:52pm
428 Views
Post# 16792342

Acumulation !!

Acumulation !!

     Some serious disciplined buying going on. My previous prediction is for $1.60 this month. If assays from the last hole come in at 20% or better then $3 by the end of March is probable.


    No reason to believe that assays won't be as good as HAT since they appear to be congruent.  These deposits are extremely difficult to map so any idea about us having only an edge of the HAT deposit is crap. We could just as easily have a larger deposit with Hat having the edge.  Time, and a crap load of drilling will tell. Its nice to see that they are drilling 15 meter stepouts as this is what is needed to not only map out the deposit but allow calculations to be made regarding reserves and inclusion of hot holes at their face value.

   Note Hat's recent resource calculation is significantly under estimated because of this issue.

    For my money 100 million pounds for the 2 properties is very possible.


  Loaded up and ready to go
Rick The Vet
Bullboard Posts