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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 Malcolm2001on Mar 06, 2018 10:46pm
144 Views
Post# 27673170

RE:RE:Rick Rule Talks Uranium On BNN Today

RE:RE:Rick Rule Talks Uranium On BNN TodayFor once I agree with you Dreamin. i do not think there will be any turn around in 2018 as there are not enough Japanese plants in operation yet. I think we are 2 to 3 years away...and that does indeed exacerbate the risks of dilution and another tranche of financing. Investors need to be cautious and invest across the sector not in only one company. The portion of shares in each company should be decided based on the ability of the company to have sustaining capital for at least the next 2 years and likely 3 years. Let is not forget what just happened to Paladin where shareholders just took a 98% haircuit direclty because of high debt, The lenders won out over the shareholders. The major lender (Deutch Bank) now owns most of the company. The shareholders now own 2% of it.
So be wary of debt and allocate your Uranium funds with care.
Malcolm
Bullboard Posts