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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 conscience1on Dec 08, 2016 10:12am
126 Views
Post# 25570951

RE:RE:RE:RE:RE:RE:RE:RE:FCU Closed at $0.60 on 2.6M shares traded, +5.26%

RE:RE:RE:RE:RE:RE:RE:RE:FCU Closed at $0.60 on 2.6M shares traded, +5.26%Totally agree with a deep cut in travel and conferences. Anyone with a computer and an interest in uranium is now fully aware of FCU and RRR, and there is limited value in more world touring.  If mgmt is in cash conservation mode (delayed RE update, smaller later drill program) there's less they need to tell investors in person. 

Dev/mgmt should also be conserving cash in the form of smaller bites of the apple for themselves, Travel should be suspended unless it's to sign something (approved by SHs ) in person. They'll be much happier than we will, as the biggest SHs, when/if we make it to $3.00. The money has to last until then. There's no law saying they need to cut it close.  More financing may be very difficult and under tough terms.

I'm glad to have sold over half of my FCU awhile back, still believe in RRR and a future for uranium.  It's been a good time to buy back in.  Wish the turnaround would hurry up already; it's like waiting for Godot.  GLTA
Bullboard Posts