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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 toriddogon Mar 26, 2016 4:39pm
245 Views
Post# 24702195

Cameco ??

Cameco ??With Cigar lake ramping up ,Cameco does not need to buy anything and I expect they will not even be looking until they settle the Tax bill with the federal government. 
FCU will not be needing any more cash for a least 2 years with the 80 million in the bank account. They have only driiled on 3 conductors out of over 100 identified on their claims , so who knows what the numbers may be. So far everything is located where it can be mined very profitably. 
These two deposits are very different and FCU is far ahead in getting to a mine. The PEA results will be very different as well when they are done , with PLS profits far better. Very key to attacting a buyer .
TEVEE is been pumping away for a long time and so far has managed to get a pile of investors to push the ignore button. Why would he do this to a good stock ?? Have to wonder what his motives are !! Maybe just stupid is the answer . LOL
Anyway many more very good shallow holes with an updated 43-101 and PEA will fix this investment stock price. However may need to wait until the supply /demand for U308 moves the price to where it is certain to go. Stay long and prosper !!
Bullboard Posts