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

Comment by BobbiOreon Aug 06, 2015 4:59pm

124 Views

Post# 23995901

RE:DML is no good for FCU

Fissionowner wrote: DML lost $13.9 million dollars in the latest 6 months reporting period. The next 6 months will be better because of the sale of properties. Even so, its real operations lose money every year.

DML not only looses money on operations, it loses money for its shareholders. It is very good at that. Just look at the trading history of its shares.

Why would FCU hook up with a loser like that? Give me one good reason.

I would think, given the drastic decline in DML shareprice, if any bigger companies considered DML a serious takeout candiate on its own that they would have made a hostile bid by now. Consider this, if big companies aren't interested in DML at these levels, then why should FCU be interested?

Bullboard Posts

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