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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Energy
Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.


TSX:FCU - Post by User

Fission Uranium Corp
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Comment by sudzie191on Apr 22, 2016 11:04am
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Post# 24798852

RE:RE:Gitzel's comments on mine closure

RE:RE:Gitzel's comments on mine closureRabbit Lake high cost of production has been under review for quite some time so they finally  decided to shut it down put it on care and maintenance as CIGAR Lake ramps up, so nothing really new at all. THey save money.


giz62 wrote: giga wrote "low cost mines (shallow or high grade, or whatever argument you use to support the company you follow) actaully become more valuable."

If their built and in production...the irony is that new mines tend to be developed when cost of production is "not" an issue.  In my opinion CCO sees the U market soft for the unforseeable future and we can remove them from any takeover discussions - FCU or NXE...anyone still interested in holding this in to development???...JMO


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Dealroom for high-potential pre-IPO opportunities
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