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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 Vantraderon Aug 14, 2013 8:54pm
328 Views
Post# 21671352

Buyout or Merger

Buyout or MergerI've been riding this one and off since before the Fukushima meltdown.  It has been both painful and exhilarating.  My best guess is that there is a buyout and/or merger in the works.  This could be very interesting as you could have Denison, Cameco, BHP and Rio Tinto interested in FCU.  As many people have noted there has been some interesting trading patterns in the last six trading days.  The volume spike in FCU looked like it coincided with one in DML today although this may be meaningless speculation.  Stay tuned.
Bullboard Posts