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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 GorgeousGeorge1on Mar 28, 2016 2:48pm
143 Views
Post# 24705312

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Re Nobody cares?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Re Nobody cares?Duke, I don't say this much but you should ignore your instincts. Look back at my first post on Stockhouse, this more or less marks my buy in for both FCU and NXE, I only hold FCU now.  Apologies if this doesn't fit with your theory.  I'm just nestled in there above a 65 average.  You see this is why you'll hear me talk about present and future value, and concern myself less with previous sp performance.

I'm interested in market capitalisation, not the number of shares on issue, far more relevant.  Whilst I agree the deposit is in a challenging position, the majority of analysts agree that a dyke construction will facilitate a mine, including everyone's favourite, Rob Chang.  As for the U price, basic supply v demand economics would suggest the price will rise from here but that remains to be seen.

Finally, thanks for your advice on general investing, I agree 100% and it's a rule that I have never broken.

GL
Bullboard Posts