Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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.

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Fission Uranium Corp

Bullboard Posts

Comment by wannabeinvestoron Jun 02, 2016 4:15pm

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Post# 24928618

RE:RE:RE:The Big News today...

High??? Check out what some producing miners are paying on their convertable debt. Trevali had one at 12.5% rate when Santander was already cash flowing and zinc was expected to go to the moon.

Grayhawk50 wrote: Why did they have to pay such a high interest rate? 7 1/2% is crazy.
Seems like CEF is the one who benefits.

sudzie191 wrote: THnxs for the analysis Quakes

My read is having someone loan you money who just wants to make money and highly unlikely to carry through to become a financier producer, not exactly a good thing.

CGN deal better as they want the production, not just make money

Very sad that CCO has the taxation thing hanging over them and aren't involved here to secure up Canadian asset before it potentially goes to forengin hands.

Looks like short may have just hiy NXE