Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

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Comment by bridgetonowhereon Sep 24, 2014 1:09pm

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Post# 22966382

RE:RE:RE:options

Options can dilute a company's float but since FCU's ratio of NAV/FDS is growing incrementally and augments the company's fundamentals, a person probably has to look elsewhere for a reason for the decline in share price. I'd hazzard to guess that USD strength and the back end of FCU's summer news cylce have been much bigger contributing factors to the weakness than the issuance was.

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