Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

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Comment by rderkachon Jan 21, 2014 10:12pm

289 Views

Post# 22118573

RE:RE:FCU and FUU

lets see.... fuu has 160m shares, AEX has 26 m. fuu is .20 and if you say FUU is underperforming, than 6:1 ratio would put AEX at $1.20. Problem with AEX is the cash per share is only about .11 -.12 cents plus whatever they get from the share offer. Fuu has .02 cents per share cash but their value is what their partners bring to the table. Fuu Partners have to bring approx. $17m to the table to get half interest. AEX is starting a program but they are way behind. They don't have a single hole on their property. If AEX doesn't hit mineralization, their share price will only go down big time.

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