Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

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Comment by gravedigger51on Jan 05, 2018 1:01pm

205 Views

Post# 27291176

RE:Value of FCU sale?

TN,

I have no idea what Im talking about but ill play swami

My best guess is FCU gets sold between mid 2019 to mid 2020. I think 2020 spot prices are between $50-$60.

I think the $10/lbs is probably on the low end of fair (depending on the PFS and how the shallow open pitable on land new discoveries play out..1515 etc. But remember that $10/lbs was in US dollars so lets say 13 CAD.

At 200 lbs by then we should be at 2.6 billion CAD/ 2 billion USD. Divide by the number of share and you get you answer.

X factor being more than likely FCU will be spun out with shares and dollars to continue exploring the rest of the property (or another area in the basin.

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