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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 Aug 05, 2015 4:30pm
225 Views
Post# 23992096

Re Pure Play

Re Pure PlayThere is no doubt in my mind that uranium stocks will all move up sharply as soon as Japanese reactors start going back on stream and China/India start to lock up long term supplies of fuel. 
So any investor with a short term view will get a nice gain regardless what happens to the merger. 
I really don't care one way or the other. Anybody that does not need the money and can hold for a few years will very likely end up with a very large gain. 
Any short term stock price issues, I will welcome as a way to add to my holdings. After FCU sold, no more exporation stocks for me, just get a producer with a dividend and hold for the long term. 
A NXE/FCU merger would be nice but the bad blood between Ainswoth/Dev /Ross probably makes this very unlikely. I don't think Arrow is a profitable deposit anyway. Too small and Too deep. 


Bullboard Posts