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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 May 26, 2017 12:17am
112 Views
Post# 26286552

RE:RE:RE:RE:RE:RE:RE:RE:Cash Burn - Still out of Control

RE:RE:RE:RE:RE:RE:RE:RE:Cash Burn - Still out of ControlYes, and NXE also spends more efficiently. Last year NXE added a 100 million pounds, and is on track to do that again. How long ago was FCU's last resource statement? two years ago? How much more uranium has FCU actually found for the money they have spent, and why haven't they updated their resource estimates on at least an annual basis? Do they have something to hide, or is it because they have nothing to show for their efforts?  

juro777 wrote: FCU spends less than NXE. See my earlier post for detail: https://www.stockhouse.com/companies/bullboard?symbol=t.fcu&postid=26281606

Boscoe2015 wrote: @ juror ... c'mon all these presentations around the world  and buying FUU shares again is not fiduciary in my opinion. Waste. Cash burn!!!




Bullboard Posts