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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 losecashon Jan 11, 2015 11:09am
514 Views
Post# 23306927

Monday morning price simplified

Monday morning price simplified100 million Lbs x 6$ = 600 million market cap 100 million Lbs x 8$ = 800 million 100 x 10$ = 1 billion No play it backwards minus the 30% premium for takeout = 520 million to 700 million market cap or 1.30 to 1.75 a share. Those are my simplified conservative numbers in a negative macro market. Even with good news on the micro level we will be limited by the macro conditions. I did not assign any value to future exploration, gold or take out premium. The values represent a snap shot in time which is tommorrow AM barring any black swan events overnight. The thing to watch going forward that could really move the numbers is the macro market sentiment.
Bullboard Posts