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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
Post by toriddogon Nov 18, 2014 8:35am
543 Views
Post# 23139026

The real value of FCU

The real value of FCU The real value of FCU is not reflected in the current share price. It is just that simple.  This is not unusual in the stock market and it is not hard to find stocks in a similiar situation.  The true value of this stock will only be confirmed when an offer is received and accepted by shareholders. Any offer near the current share price , I expect will be promptly turned down . 
The market cap number is the current value attached to the company and I believe it should be much closer to 800 million.  [100 million pounds at $8.00 per pound in the ground.] 
As the current spot price is over $50.00  Can.per pound, my $8.00 number is probably low. 
Bullboard Posts