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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 toriddogon May 05, 2015 6:59pm
249 Views
Post# 23697291

Re Re Drilling or Takeover

Re Re Drilling or TakeoverSorry.  Dev and Crew  have made it abundantly clear since their very first drill program that they have zero interest in building or operating a mine. So this possibility is not even on the table and never will be as long as management team remains the same. 
So bottom line is we will be stuck with a stock price in the current range until drilling hits something very big or an offer is recieved. And history has shown us in spades that very good drill results cause a stock price decline . I am convinced that to get a reasonable stock price an offer is needed. This will not happen until drilling is over. 
My hope is that when they have drilled out the current deposit, they spin off all claims not in the deposit and just wait until somebody comes to the table. No further financing or dilution. 
Bullboard Posts