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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 Sep 02, 2015 1:02pm
150 Views
Post# 24072144

Most likely result !

Most likely result !In my opinion the only possible bidder other than the Chinese  would be Cameco. They both would be better off to wait and see if the merger fails and grab FCU cheap  or if it is approved they buy the new company and have added to their dominant position. With the current sad state of the uranium market, Cameco is likely the only hope. If no offer may as well wait for Dension Energy shares which will number 50% of what you now have and double the price of the close.

Bullboard Posts