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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 georck27on Mar 04, 2015 8:07am
309 Views
Post# 23487436

History Repeats Itself....

History Repeats Itself....Any concerns about dilution when applied to a discovery situation like FCU make no sense to any knowledgeable investor. Its not dilution when value is being created. The fact of the matter is its impossible to screw up an elephant type discovery (to use an oil term) like PLS. I originally thought a year ago we would get > 100 Mlbs, but as the discovery became outlined and boundaries expanded its realsonable to assume now we could get 200-300 MLbs when all is said and done. The new western discovery changes everything. The main challenge management has is adding those pounds before a deal is placed on the table!
Bullboard Posts