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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 rderkachon Jan 22, 2014 10:12pm
420 Views
Post# 22123387

Fission management

Fission management
I can see the point of view of Fission Management in taking over Alpha. Fission is aggressive and Alpha wanted to play it slow. But when you look around and see the staking war and the progress companies are making at trying to find the next PLS, the competition is heating up to be first out the gate, and to prove up a world class deposit. FCU is a few years ahead of anyone, and its all timing to get to the point where the deposit is in sync with increased demand, pricing and a worth while deposit to sell. If FCU can drill up an economic resource by the time the planets, moons, and stars line up in the uranium demand, the better off for shareholders and FCU. Maybe with a world class deposit we can get $15/lb for in ground resource on a take over. Every drill hole adds value, the more holes the better for us. We have only started scratching the surface, I'm sure there will a good number of record breaking assays coming our way over the next year. GLTA.
Bullboard Posts