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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 infocountson Sep 23, 2013 4:35pm
661 Views
Post# 21761068

Dev probably referring to FCU market cap in NY interview

Dev probably referring to FCU market cap in NY interview

In Dev's interview in New York, I suspect he was referencing the current market cap of FCU, not indicating any price in relation to the merger with AMW (since it's a straight issue of FCU shares to AME shareholders). He talks so fast, and breaks up his sentences so much, it's sometimes hard to follow exactly what he means.

Stockhouse has a news story out on today's press release that includes this paragraph:

"On Monday morning, Fission rose 2.4% and was trading at $1.26 a share. The company had a market cap of $190.9 million, based on 151.5 million shares outstanding."

So I assume his references to $185 million and $190 million were probably just that - ballpark references to FCU's current market cap. Sorry if the headings on the excerpts I posted caused any confusion.

Bullboard Posts