Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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.

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Fission Uranium Corp

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Comment by bridgetonowhereon Jun 23, 2014 12:25am

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Post# 22684640

RE:RE:RE:RE:RE:this week's prediction

You're correct deelong that a 43-101 is not required for FCU to be taken out. It could happen at any time but an offer is unlikey until the 43-101 is completed IMO. Presumably a suitor would want clarity on the size, depth, grade, etc., of the deposit before tabling an offer as the purchase price will be significant. Who knows though, somebody may decide to throw caution to the wind and take a chance before the purchase price climbs higher.

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