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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 Lunchisforwimpson Feb 11, 2015 10:40am
235 Views
Post# 23417883

Very Strategic switcharoo

Very Strategic switcharooThis was a very strategic move. Raise money for Fission then turn around and fund your other company.  This is very good for FCU shareholders.  FCU shareholders get more exploration upside until a takeover happens. FUU shareholders are loving it.  Gotta give it to them....the old Vancouver switch around.  The best news is yet to come...it's called a financing to cover the burn with FCU Exploration money spent on FUUs burn. FCU will not wait to run on fumes as some think.  This is a world class discovery with a big burn to go with it. 

There is one poorly kept Vancouver rumor out there.  Tech or Rio are buying in as a partner at much higher prices (Hope for that).  That would solver the money issue and the dilution would be minimized.  Now that would be a great strategic move.  Watching for that. 
Bullboard Posts