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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 teeveeon Dec 01, 2016 9:53pm
125 Views
Post# 25544254

RE:RE:RE:Uranium Miners w/ Debt going under...FCU Looking good, Nxe?

RE:RE:RE:Uranium Miners w/ Debt going under...FCU Looking good, Nxe?FCU only has one buyer now and that is CGN. They are looking at least 20 years ahead for PLS, and when FCU needs more money, they will provide as supplier of last resort for equity capital. You can be certain the price will be far lower than it is now. Eventually, CGN will own FCU, just like other juniors that made the mistake of accepting Chinese equity capital. Mark my words, someday you all be wishing you had salvaged what you could while the share price was over $.50/share. 

Uraniuman308 wrote: I agree but the bigger lesson to be learned is the high cost associated with moving towards production.  Hoping we are sold/bought sooner than later.

HighROI wrote: Bigger lesson here is don't let the Chinese state owned enterprises get their hooks into you.
Backing out at 11th hour reeks of Chinese putting screws to Paladin for a better deal.




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