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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 losecashon Dec 20, 2015 7:44pm
95 Views
Post# 24399889

RE:RE:RE:RE:RE:RE:nxe fcu merger !

RE:RE:RE:RE:RE:RE:nxe fcu merger !
giz62 wrote: quacks wrote "In all likelihood, based on NexGen's project timeline, Fission will be sold long before there is a PEA on Arrow"

I agree that FCU will likely be sold before NXE - the question is, which presents more upside to shareholders.  Based on Dev's history with DML ($2/lb), million dollar bonus to staff, and his "hire me or pay me" clause (what is it, something like 3 million to get rid of him) I have no doubt the deal will be slanted in benefit towards management and probably not in the best interest to all shareholders..If you don't like it, sell Dev's shares....people think he's God you know....JMO


Truth Giz. It is possible the superior deposit could fetch much less to shareholders.
Bullboard Posts