Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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
Comment by bridgetonowhereon May 30, 2013 1:20pm
242 Views
Post# 21461745

RE: RE: RE: RE: RE: My Evaluation

RE: RE: RE: RE: RE: My Evaluation

@BringThePizza - Hathor is conveniently located near uranium processing facilities which makes it attractive but the shallow depth of PLS far outweights the slight transportation advantage HAT enjoys. Fact is, PLS is already accessed by an all weather highway and mileage costs are inelastic relative to the fixed loading and unloading costs which HAT will similarly incur.   Remember too that a processing facility in northern Saskatchewan isn't the end destination, as it eventually gets shipped all over the world.  The transportation costs to end markets for the two reserves wouldn't be that much different.  

Bullboard Posts