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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 28, 2015 5:39pm
134 Views
Post# 24415409

RE:Wow! Market Cap Rises $92,880,000 since December 3rd!

RE:Wow! Market Cap Rises $92,880,000 since December 3rd!
quakes99 wrote: And the issuance of another 96,736,540 shares to CGN adds another $82M in cash to the NAV and raises the Market Cap by another $75M at today's CA$0.77 close.  Wow!   That's what happens when a company issues shares at a 25% Premium to the trading share price.  Both NAV and Market Cap rise in tandem. ;-)

And the bonus is that CGN mining's 96.7M shares will probably never be traded on the market, so liquidity does not expand and put downward pressure on the share price.  As more investors hold and buy, given the increasing positive news volume, liquidity will drop even further and help sustain the momentum, imho.

No wonder the bashers are telling you to go underweight and sell.  They are all lined up at the door ready to buy, buy, buy. :-0

Good luck everyone!
Here's hoping this upward momentum continues into the New Year. :-)


 


Bla bla bla..........talk to me when we hit 1.73 again.
Bullboard Posts