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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 moneysworthon Apr 20, 2016 12:08am
408 Views
Post# 24787204

RE:RE:Negative Bashers have hurt Mom & Pop investors in FCU

RE:RE:Negative Bashers have hurt Mom & Pop investors in FCURobnati, how can you be so sure? Been at this game a long time, and have profited greatly from a number of Lundin plays over the past few decades. However Lukas, now spread over many companies, was not totally committed to either the uranium space or DML. That may change, but honestly he showed less than a passing interest in Fission. It really wasn't a good fit for FCU. It made better sense for the benefit of management, but nor necessarily for shareholders. And, as an investor involved with a number of past roll backs, this would have been ugly. We would have lost alot of ground and STILL found ourselves digging out of it after the merger. Traders would have had a field day and we'd have lost serious ground. DML is a good company, however Fission is on a different side of the basin, with so much more left to explore. The timing wasn't right to get swallowed into another junior company. Much of any future drilling success would have been lost inside of a much bigger entity. No question, additional blue sky results on new targets, wouldn't have moved the SP of the larger company. Just stating the facts... as a pure play, FCU has more potential to move higher on it's own merits. We are well financed for some serious drilling. The next updated resource estimate and PEA will turn some heads.
Bullboard Posts