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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 Mar 28, 2017 12:13pm
114 Views
Post# 26040830

RE:Interesting FCU BB Bulls and what they want to discuss

RE:Interesting FCU BB Bulls and what they want to discussRover90,
the current PEA demonstrates PLS as a low cost producer and all realize that it will only get better

What the PEA showed is that PLS has a very high capital cost. When you factor in that costs usually escalate at least 20% advancing to a PFS, and another 20% advancing to FFS, and factoring in the lengthy  construction time estimates, who would put well in excess of a $billion in harms way, especially after buying the deposit? The math says CGN must "strangle" FCU just like the chinese "strangled" Selwyn resources.  


"With this new zone in hand, we’ve been getting questions from a number of investors, specifically: how important is this new zone and what is the focus for the rest of the program"

Also with Quakes post on revised David Talbot estimate of 202M lbs generated little to no interest this last weekend......FCU Bulls want to discuss how it was a typo, manage expectations BB and FCU focus, the "PLC" and now the economics in the out of date Technical report which may or may not be impacted by sharing infrastructure that WILL NOT be factored into a revised FCU PEA or PFS. Thou nice, the current PEA demonstrates PLS as a low cost producer and all realize that it will only get better.

Whereas, the Nxe folks naturally want to discuss how many pounds in the ground at Arrow shown in how the Shareholder base reacted to their Updated RE.

Looks more and more like controlling the news is the goal here.

Sad[/quote]

Bullboard Posts