Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

Bullboard Posts

Comment by Utraderon Dec 22, 2015 11:05am

128 Views

Post# 24404672

RE:RE:RE:RE:RE:RE:What I like about this CGN deal...

Once again we have the Nexgen cheerleaders talking to themselves.

teevee wrote:

giz62 wrote: What's not to understand. They are giving FCU a loan for the ability to buy 20% of production (based on their time line) at a 20% discount to the spot price - FCU will be selling it cheaper than what they could sell it on the open market...great deal....lol

Selling 20% of production at a 20% discount to spot when PEA done at $65/lb? This deal makes sure that PLS is never developed and never bought.