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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
Post by BamaBoyon Jul 16, 2017 10:35am
227 Views
Post# 26474038

CGN vs. Areva as best prospect for buying Fission...........

CGN vs. Areva as best prospect for buying Fission...........
Quakes, you are right about China's CGN.  I agree they are seriously interested in becoming the owner of Fission, but as you stated, they want it after 2019 when all the preliminary studies and all the paper work are completed.  Even then, they have to come up with a partner in Canada to own the other 51%.  However, I venture to say that indications are that France's Areva would be interested in becoming the full owner after this September when the new Canadian law takes effect allowing a European company to become a 100% owner.  Their problem is that China has positioned themselves to block another suitor.  I further believe that China is somehow is behind the manipulation that has kept our SP undervalued.  Yes, when it comes to large sums of money, I do not trust anyone, and we well know that the Chinese has manipulated the value of their own currency to give them the advantage in trading with other countries.  They are very shrewd when it comes to doing business and will take you to the cleaners if they can.

Personally, I would be for taking a little less if someone is willing to close on the deal right away.  I believe our best bet for that is Areva.  I am not as infatuated with CGN as you.


 
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