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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 Jul 07, 2015 5:20pm
254 Views
Post# 23900363

Re Re Giz62

Re Re Giz62I hold shares in the 6 figures so have a lot of skin in the stock. I am opinion FCU management is better than NXE or DML  and I would have preferred to see them make a deal with Cameco. However DML has a lot of good assets and should not be trading at under a dollar but neither should FCU. 
The share consolidation and improving uranium market should result in a bright future for the new company. Stock price if the deal closes ,should be over $2.00 and should help slow  the traders sucking gains on news releases ,as volumes will be higher and harder to influence the stock price. 
I don't like this deal as well , but I am not blaming FCU management for the stock price. They have produced results unmatched and I share their frustration with the stock price movement. 
We may end up with more money from this deal as the package will be very attractive in an improving market. If it takes another 2 years and more drilling , I can wait.
Bullboard Posts