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.

TSX:FCU - Post by User

Fission Uranium Corp

Bullboard Posts

Comment by bridgetonowhereon Oct 14, 2014 10:49am

315 Views

Post# 23025712

RE:BUYOUT

@rectangular - Dev has publicly stated that seven companies have NDA's with FCU and two companies have returned for a second site visit. Maybe those seven companies send representatives to northwestern Saskatchewan regularly and just decided to drop by PLS and kick tires, but to me it suggests theres' good interest in the deposit.
As for a bidding war, it would just depend on the offer. Rio trumped Cameco's low-ball offer for Hathor and withdrew when they felt it was fully valued. If somebody makes a low-ball offer for FCU, you should expect that same narrative.

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