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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 BobbiOreon Jun 02, 2016 10:41pm
90 Views
Post# 24929876

RE:The Quakesian Methdology

RE:The Quakesian Methdology I really appreciate NexGen management focusing on one company.  Leigh's singular focus makes him the best in the buisness and will ultimately result in a billion dollar buyout.

bluesteele wrote:
The quakesian methodology has worked beautifully for NXE shareholders! Keep up the 24-7 days a weeks posting fizzledaddy!

NXE +427%

FCU -62%  (was $1.60 and today 0.61 cents)

Now for a dose of the markets methodolgy, or as BCsilver would say... a dose of reality!

Dead money here, no drills turning, summer program not until July? Dev and Ross too busy with their new North South Lithium play. Who would take FCU seriously... It's no longer a pure play with 20% of the company shares and 35% of it's uranium production sold below spot to the Chinese. Even when the uranium market turns around FCU is no longer a pure play and can no longer be valued on a 1:1 metric to uranium spot the same way other pure plays are evaluated. I don't see any catalysts to move the stock higher near term regardless of what some analysts assume about it's valuation. Dev sold out to the Chinese essentially capping it's valuation potential. FCU's seems to be in limbo just waiting for uramium sentiment to change. Why are they not pushing forward with the environmental impact studies and put more studies into engineering the dyke? FCU losts its swagger when Dev try to sell out to Denison and ever since their strategy has been a losing one for investors.


Bullboard Posts