Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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.

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Fission Uranium Corp

Bullboard Posts

Comment by teeveeon Nov 12, 2015 12:33pm

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Post# 24285524

RE:RE:This could be a 5 year wait at least.......

I don't doubt a cheap financing, but not from LL as he is tired of throwing good money after bad in the U space.

BobbiOre wrote: This management group has a very high burn rate so excluding exploration, that cash is gone very quickly.

My guess, watch for a big cheap financing to LL coming soon.

losecash wrote: Its up to management now. Commodities dont appear to be coming back in vogue anytime soon. Soooo we have 15 million in the kitty. Time to hunker down and cut all spending until there are signs of a turn around. Failing to do this will result in complete and utter dilution of current holders. This could be a ong wait.