Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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 PamplonaTraderon Jan 28, 2015 1:40pm

250 Views

Post# 23373130

RE:Chart

Reposting to provide readers some context for Quake's post re: "PT's coiled spring"

PamplonaTrader wrote:

^200dma and Fib levels are supporting price. Nice looking coil, price to decide direction soon. My bias is towards an upside break. The measured target of ~$1.50 corresponds with my market valuation ($6/lbs * 106mm lbs / 406mm shs FD = $1.56).

^Still trading above the major trend lines. Low volume distribution/consolidation... when the buyers step back in, she is going to move. Worst case, price closes the gap and tests support at the SMA envelop around $1.00. I would give that scenario exceptionally low odds. The risk/reward appears very attractive here.