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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 teeveeon Apr 29, 2016 10:49am
135 Views
Post# 24825093

a glowing RJ comment

a glowing RJ commentRJ posted a report entitled "Current Analysts Favourites" today. Here are its comments on NXE:- It is now clear to us that NexGen has made a once-in-a-cycle mineral discovery at its 100%-owned Rook 1 uranium project in northern Saskatchewan. We believe Arrow is the best discovery in the world of uranium since McArthur River in 1988, and is the most prolific discovery across all metals in the last five years. Arrow boasts high-grades; world-class scale with significant exploration upside remaining; low technical risk; one of the best uranium jurisdictions globally; and is being run by a high quality, conservative management team. Even using conservative assumptions, our DCF model on the project generates value an order of magnitude greater than that implied by current share price levels. And while the stock has strengthened significantly since a 202 million pound maiden 43-101 resource estimate was released early-March, recent weakness provides an excellent opportunity for investors to build new positions or bolster existing ones. The remainder of 2016 should see continued strong news flow from the on-going, aggressive drill campaign at Arrow and a resource update sometime during 2H16E.
Bullboard Posts