Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

Bullboard Posts

Comment by gonefishing5879on Feb 14, 2017 8:00pm

246 Views

Post# 25846204

RE:RE:RE:Discount

I am not a big Dev fan either....I saw too much of his arogance during the DML fiasco...
However He is not running the exploration efforts...
I have more faith in Ross and especialy Ray...
NXE seems to get too much credit for inferred resources...
Yes I agree there are those who avoid FCU due to Dev but are they not shooting themselves in the foot?
Both NXE and FCU will release a new RE in 2017 and IMHO that will give us a much better indication of what is in the ground....
FCU will likely announce a doubling of indicated resources...
I don't have the same level of confidence in indicated resources for NXE...
That is not to say that NXE is not a bona fide deposit....it is....
But there is a long way to go to prove up indicated resources...
FCU has already spent the money on drilling...
The cost of each hole at Arrow is at least double the cost of FCU holes....
IMHO $.90 vs $4.30 is not justified...
Caution is the word...
Good luck to all...

jnofish1 wrote:

Dreaminthedream wrote: The investing public has no confidence in Dev's ability to increase shareholder value. In fact, he is perceived as a drag. He is the main reason why many investors avoid FCU.

i agree......they sit and wine and dine ,instead of taking advantage of weather.....they wait till -45 weather to anounce drilling....many on here say they have to cuz of ice conditions....well for all amatures land based drilling could have started months ago.....-45 they get nothing done....more chances of macherinery breaking down...we couldnt even make .03 cents today on an up market...its all on how they anounce there news releases......dev is for dev...