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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 conscience1on Oct 05, 2014 3:31pm
226 Views
Post# 23000230

RE:What's the TSX Worth?

RE:What's the TSX Worth?
Post# 22996182 by Quakes99, 3 Oct.,  is the reference standard for the next while; it's the timeline for Hathor's major events with the share prices included (DemoZ's idea). Thanks to both.  Quakes' original timeline 25 July was  my security blanket through crazy times like last week. I keep it bookmarked.
SP of HAT went from 1.80 to 2.05 on the listing. Apples to oranges?  Maybe, but the timeline also states that Hathor didn't have an initial resource estimate at that point either.

As for all the posting about the impossibility of damming the lake, flooding, freezing retaining walls etc, the lake has been there since long before the drills started to turn. It's no surprise and not likely a factor in asset value, or at least it's already accounted for in SP.  Such references only come out during scary times like last week, to shake the grip of weak hands.

As bridge says, the market is probably surprised by the sudden listing; this may give FCU a bigger short-term boost.  As important , or more so, than exposure to bigger capital markets now, is the relative protection from malignant share suppression such as took place on the Venture Exchange.  A daily closing price should now reflect asset value, market sentiment, U3O8 price etc. rathre than some trading house going for a fast buck.
Bullboard Posts