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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 hedgestaron Jul 25, 2013 1:05pm
369 Views
Post# 21630193

Fission seriously UNDERVALUED

Fission seriously UNDERVALUED
Looking at the NexGen announcement yesterday and the first summer drill hole result it is clear that Patterson Lake is a massive uranium mineralisation system on a scale not seen for a very long time....

If they can find 30mlb with one drilling campaign, then I would expect 60 - 80m lb buy the end of this season.

60mlb @ $10/lb = US$600m.  Fission market cap should be US$300m vs. US$150m today.

Share price US$2.00 by the end of September!

This stock is seriously UNDERVALUED! 
 
Bullboard Posts