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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 miningboomon Nov 28, 2017 1:32pm
114 Views
Post# 27047391

RE:RE:RE:RE:RE:RE: Spot Price $21.69 (- $2.43)

RE:RE:RE:RE:RE:RE: Spot Price $21.69 (- $2.43)This is technically not bs.  While it hasn’t officially been stated that they will “double down”, there have been hints that further production cuts may be warranted.  KazAtomProm has stated they’d do a reassessment within a couple months, however the unknowns are still ‘if’ they’re going to cut further, ‘how much’ they’d cut if they do, and ‘when’ they’d be making those cuts.  Sounds fairly speculative at a glance, but with their upcoming IPO next year, they would logically want to keep prices as high as possible.  So further cuts are definitely possible, and I remain convinced that we’re only a couple months away from that news release.
Bullboard Posts