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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 Porto54on Nov 03, 2016 12:59pm
100 Views
Post# 25420711

RE:Decisions

RE:DecisionsIMO, Id rather that they keep on doing the same thing. Drill and grow the resource!!
I believe CGN is of the same opinion. The value is more resource.

moric122 wrote: Seeing where spot price is these days, do you think capital decisions should change?

FCU has a whack of cash that they can sit on. Do they need to be drilling? Is drilling creating value? I know Dev and the team are finding great results with drilling however is cash more valuable at the moment? I think I'd rather seen 2-3 years run room on the company over more lbs in the ground. Dunno tho, that's just my view. I am curious to see everyone elses.

Thoughts?


Bullboard Posts