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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 23, 2015 8:58am
227 Views
Post# 23951931

Re Merger

Re MergerI expect the China and India activity is not looking for cash investments . They are probably trying to lock up long term contracts to supply uranium for all the new reactors coming on stream. We should keep in mind China and India do not do business like Japan. The Japanese seem to do everything in slow motion. I expect some of may be resting in a graveyard before Japan gets there last reactor back on stream. The Chinese are starting I reactor a month and neither one of these countries have to spend 10 years studing something before it happens. Some long term supply contracts will change the picture for the merger as it means stready cash flow and profits to shareholders.
Bullboard Posts