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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 thiggins4193on Oct 01, 2014 10:40am
202 Views
Post# 22986378

RE:Someone is going to steal this property. It is criminal.

RE:Someone is going to steal this property. It is criminal.
Rectangular,  nobody is going to steal anything.  The final sale of this property will have to be voted on by shareholders and in a capital market, competitors are not going to let it be stolen in a firesale by a lowball over. 
Unlike many companies whos product or goods are theoretical, FCU's value is based upon lbs in the ground and the precident is set by previous deals such as Hathor.  It is going to come down to how many pounds we are getting credit for and how much per pound. 

I am in full agreement with you that the sp today is brutal but it will have little to do with the final number.  It is difficult to watch at this moment but I anticipate a violent movement upwards one day in the next few weeks.   People are typically like sheep and move with the herd and many of  those shaking in their boots today and selling will be the ones buying back in at higher prices. 
I would be taking full advantage of these prices if I had any more money.
Bullboard Posts