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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 losecashon Feb 19, 2015 4:51pm
323 Views
Post# 23445496

RE:RE:RE:RE:RE:RE:Next Week

RE:RE:RE:RE:RE:RE:Next WeekIf we continue to trade at this level and a company takes a run at FCU in the near future even a $2 bid is a 75% premium. Everbody is in the money at that point. It will really be up to the large shareholders. If no competing bids come in then that is the bid. The good thing when a bid is made we will know who's all interested. Im not saying it will go for 2$ but I could see a scenario where that could happen. I suspect large shareholders will have an idea if there is more interest if a bid is made and whether they will sell or not. On the surface a 75% premium sounds quite generous when compared to the normal range offered. Its troubling that we are trading at this level.
Bullboard Posts