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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
Comment by bridgetonowhereon Apr 22, 2014 9:56pm
306 Views
Post# 22479544

RE:RE: T Listing

RE:RE: T ListingA TSX listing would bring FCU to a broader audience but I'm satisfied with the 43-101 slated for the fall of 2014.  It's premature imo to launch a 43-101 right now for at least three reasons.  Firstly, there's more down time after the summer drill and Ross' time would be better spent on planning and developing the summer drill instead of spending time consulting with an independent firm commissioned to prepare the report.  Secondly, it good to have news to hold shareholders' attention after the summer drill concludes.  Last year it was the AMW takeover.  Thirdly, exploration is rapidly growing the deposit and a 43-101 prepared right now would have to be redrafted as soon as it was completed to keep it up to date.  That's not done for free and when there are some shareholders who cry about a bottle of wine, there's no need to give them ammunition to whine more.
Bullboard Posts