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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 moneysworthon Nov 28, 2015 12:48am
195 Views
Post# 24334091

RE:What exactly is the problem?

RE:What exactly is the problem?ursusbrumae... this year Dev has upset his flock with the untimely granting of insider stock options. As well as a three million dollar investment in FUU that many thought was just a payroll donation. And, a proposed merger with Denison, that sent out mixed messages. They felt he was looking after the interests of management and not his shareholders. They believed Fission deserved a much higher valuation... patience, additional drilling, and ongoing resource updates were required. Though, many in his team will tell you, he has the ability to strike a deal or get financing in the most difficult of market conditions. I'm not always impressed by him, although his team is first rate. Still, the OS candidates in the proxy vote, don't hold a candle to current management. This play will require more time... however, you buy when everyones down, and sell when their giddy. This has the makings of a world class deposit and has great potential if you believe in an upcoming uranium renaissance. 

Bullboard Posts