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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 gonefishing5879on Apr 05, 2015 9:12pm
283 Views
Post# 23599101

Is Triple R too big to be Bought?

Is Triple R too big to be Bought?I assume you mean it would cost to much and no one could afford it.....
Capital expenditures such as this are made on the basis of Discounted Cash Flow (DCF)....
As Quakes pointed out Triple R would be a low cost operation and therefore the DCF should be favourable.....
If someone determines they can make money with Triple R they will find the money...
IMHO
Bullboard Posts