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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
Post by LRGreturns4meon Dec 22, 2015 8:45pm
173 Views
Post# 24406685

So Dev had a great deal brewing.......

So Dev had a great deal brewing.......Merge with Denison then announce the PP of $250 million to CGN for a 20% stake. The 22.5% of the mill was important to CGN as was PLS, the other assets they felt could be developed by the top technical team. It was CGN who wanted and still wants the mill. They also are putting into play 20% votes for yes on the next merger version, only now we are not equals. Who triggered the MOC on Denison the other day that shot it up a nickel?

There are big things brewing. CGN will push for the environmental and geotechnical work and they now have the funds to proceed.

Keep peeking behind the curtains and the real reason for that big bonus may appear, I am begining to think that Dev had a great deal teed up and just couldn't get it over the goal. I wonder if I should have tried to listen better.......Anyway, things are far from being over and I think 2016 will be an exciting year for Fission. Don't forget about the little sister, I think they have some good leases in their portfolio. We may see an acquisition there, now that we have all of this drilling money. Good luck if you hang on.
Bullboard Posts