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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 MiddleGroundon Jan 06, 2015 3:04pm
290 Views
Post# 23290884

RE:hard to believe.....

RE:hard to believe.....Volume is hard to believe also - FCU used to have an average of 1,000,000 traded share per day.
..
bull_man wrote: that we traded as high as $1.70 earlier in the year, giving us a market cap at approx. $650M, with a lot less proved up and spot at $28/lb; that means the market at that time was expecting at the very least a buyout of approx. $850M, or around 30% premium (approx. $2.10/share); now we sit at 90 cents (mind boggling); you know what they say "the market knows"; in this case, i hope they don't.


Bullboard Posts