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 Lunchisforwimpson Aug 18, 2014 8:09pm

325 Views

Post# 22853755

RE:RE:RE:Question? LAST FRIDAY 5 MILLION SHARES TRADED?

The lead underwriter is expected to trade and support the stock. They are getting a decent commission and need to support the price or they won't be able to sell the bought deal if it is underwater. Of course if it does not sell, the syndicate owns it. It is a good sign the syndicate is confident enough to do a bought deal. At this price, I expect this flow thru deal to close by the end of the week which will free up the analysts from restrictions. Buyers are getting a better deal than the last financing. Better price and much more U308 has been discovered, zones connected etc. Get that money in the ground....

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