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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 PamplonaTraderon Oct 03, 2015 7:40pm
163 Views
Post# 24160811

RE:RE:RE:RE:RE:You've convinced me bull_man... voting No.

RE:RE:RE:RE:RE:You've convinced me bull_man... voting No.
Sudzie, I suggest you speak with management again as it's likely you've misunderstood or misextrapolated their comments.

While it make sense for any prospective mill operator to plan on processing ore from regional deposits, Arrow is not depedent on Triple R or any other deposit to justify a new mill. It's important to differentiate the requirements for a production decision versus potential considerations for a production plan. Triple R only factors into the latter. The fact that Arrow enjoys the benefit of straight-forward engineering and permitting means it will go in to production long before Triple R.

The above is not to say that there are zero synergies. There are some but the small synergies that do exist are greatly overstated. Anyone suggesting that Arrow is depedent on Triple R is either misguided or doing so with intentions to misinform.
Bullboard Posts