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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 AaronWon Sep 30, 2013 5:53pm
452 Views
Post# 21779475

Same old, Same old

Same old, Same old


No suprises here, news releases are gonna slow down as drilling winds up. Day traders will be cashin out as hype fades down. Macro factors will also help bring this down.

Markets are at an all time high, economies are still struggling, stock is at an all time high (deservedly, so) but takeovers don't happen all night. This deposit is gonna have a pretty sizeable market cap once it absords all the AMW shares. It will be not too far off Denisons M/C.

HAT had many winter drill programs, proving up the resource and getting it on an offical 43-101, which is something most companies are gonna need to spend up to a billion dollars.

Don't get me wrong, FCU is a great stock and will most certainly be bought out, but it would be beyond suprising for it to happen before the merger and before the 43-101


 

Bullboard Posts