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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 HighROIon Dec 06, 2016 9:04am
101 Views
Post# 25558895

RE:RE:RE:RE:New Fission Uranium video - Interview with Ross

RE:RE:RE:RE:New Fission Uranium video - Interview with Ross
Nexgen management always said that the resource update would depend on the drilling success. If the drill programs were successful then the resource update would be moved from Q4 2016 to 2017.
 
The pre-feasibility was always scheduled for end of 2017.
 
Since Rover was hacking on NXE for having a pre-feasibility in 2017. Fission shareholders will have to wait for THREE YEARS for a pre-feasibility study according to that video. Why is that?
PLS was discovered in November 2012. Arrow was discovered in Feb of 2014. A pre-feasibility study won't break the bank. 
 
I look at the Fission chart and I see that this probably has potential to run back to .80 level with a resource update for a very decent return but also see that run will likely form a triple top at the 80 cent level. 

Someone may want to clarify why the presentation says that the resource update will be early 2017 yet Ross says in the video the resource update will be late 2017.
 
Bullboard Posts