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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
Comment by whitehorn1on Jul 18, 2015 1:27am
278 Views
Post# 23936825

RE:RE:Investors are tired!

RE:RE:Investors are tired!Good analysis on the potential deal. I know many on this board do not approve the deal and feel it is undervalued. A person can also say the same for Denison Mines, this traded in the 10-15 dollar range in the Uranium heyday pre 2008. It is an extremely sour market, I think at the moment it comes to surviving this downturn and a merger compliments the two identities. Basically merging at a market low, which in my opinion is better than at a market high. I think it is irrelevant at this time period whether Denison or Fission trade at 1.50 or .75 cents - this market in commodities is brutal. You look at Fission 52 wk high and not great and many other companies i.e. Areva are basically bankrupt. If this commodity brutality continues Fission and Denison will look a lot worse than today i.e. continuance of equity placements and possible share rollbacks. At this stage of the game at probably the worst of the uranium cycle best to team up. Plus when this cycle returns bullish perhaps 2-5 years, could see 20 dollars out of these stocks or 10 dollars based on 2 for 1 consolidation merger equivalent.
Bullboard Posts