Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

Bullboard Posts

Post by gonefishing5879on Jul 14, 2015 1:42pm

188 Views

Post# 23922644

The DML Deal

Please excuse me for being out of date on the conversation here on the FCU board on SH. It is summer and I have been fishing......

I would like to get some feedback from fellow investors on the deal and the timing of the deal?...........

Specifically what do people think about the fact that the PEA is expected out in September and could have a positive impact on the SP where it not for the dilution that this deal will bring?.....

I assume that the PEA will contain a new resource estimate of about 150M lbs or so and this alone could have a major impact on the SP?

Frankly I am concerned that this dilution would limit the upside substantially.

Thanks GF

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