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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 rectangularon Apr 30, 2014 9:47am
280 Views
Post# 22506617

PUT UP YOUR HANDS AND KEEP THEM THERE. THIS IS A HOLDUP.

PUT UP YOUR HANDS AND KEEP THEM THERE. THIS IS A HOLDUP.
One month ago, who would have thought that at the end of April, the share price of FCU would be smacked to below $1.20 and Uranium suddenly would be the DOG of the market. You just never know when somebody is going to come along and steal your assets. Will there be a low ball takeover bid at this time of weakness to snatch a huge resource from the shareholders at a bargain price? It might happen. I do not think Cameco will be involved. They have a large long term resource inventory and they are tied up in a huge battle with Revenue Canada. They are going to need to keep their funds available to pay back taxes if they lose. So if Cameco is not going to be involved, it is only a guess as to who might pursue FCU.  Would Dev be wining and dining other potential suitors? I hope he is focused on FCU and not on some other project that he is connected to. He seems to be hiding lately.
Bullboard Posts