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 Aug 25, 2018 12:37am

99 Views

Post# 28516395

RE:RE:$30 million left in treasury

Is $35 spot u by year end 2019 slow enough?

Dreaminthedream wrote:
The number one issue for FCU shareholders is the dwindling cash balance.

If the so called Uranium bull market is slow and modest, FCU will soon be desperate. There won't be enough money to pay Dev and management.

So a share consolidation will be in the works. Then refinancing.

FCU's finances is a serious concern. You can ignore it but that would be foolish.