Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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 teeveeon Dec 13, 2017 2:13pm

73 Views

Post# 27149082

RE:RE:RE:The Motley Fool

The most attractive aspect of roll backs is that management continues to be exposed to 10% of share capitalization in the form of options. Only bagholders are impacted by roll backs.

Dreaminthedream wrote: dhcr985. I agree with you. PLS is a good deposit but no one wants it because NO ONE needs it.

When the glut disappears (and that may be a long time out because of the set back in Japan today), production that has been put on idle can restart and meet increasing demand. New developement is not needed.

FCU will be out of cash soon. An amalgamation might be in the works but more likely we will see a share consolidation perhaps 3:1. FCU shareholders will get the shaft in that transaction. We all know that share consolidations rarely make a winning game.

The market knows that FCU is a risky stock. Pumpers do not. Pumpers give the impression that FCU is going to explode like bitcoin.