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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 Feb 21, 2014 1:33pm
352 Views
Post# 22235687

Dev - 3 potential buyers i

Dev - 3 potential buyers iFrom the Bloomberg report:

"Randhawa said Fission has signed non-disclosure agreements with three potential buyers, including one in China. Even so, the CEO said he is reluctant to sell until further exploration drilling and analysis shows a more complete picture of the size of the Kelowna, British Columbia-based company’s discovery.
 
“We’ve only been about one year into this project and we’d hate to have a situation where we sell and the best drill hole comes afterwards,” Randhawa said in a phone interview. “Our investors don’t want us selling with uranium at $35 a pound, but at the same time we don’t control the people who are buyers.”
Bullboard Posts