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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
Post by Bullognaon Oct 05, 2018 1:13pm
158 Views
Post# 28753313

Can somebody explain...

Can somebody explain...that the deposit located underneath the lake is not a major deterrent for this stock.  I originally stayed away from FCU based solely on the fact it was under a lake.  Ignorance was my luck at the time and stayed away from stagnant share price for a long time.   I’ve recently added a position here (small only 5K shares) as I’m spread among others, as I had researched this a little more and the under lake project still concerns me, but not enough to stay out in a Bull uranium market.  

If if that is my general retail view, I’m sure most people thought that when looking at FCU and also stayed away.  I’m of the opinion they will miss out because they saw a lake and dismissed it.

but for someone in the know, or with greater understanding of under lake uranium mining, can you explain to the newer retailer investors like myself why the lake should not be as big of a deal as we first think.   

Glta, except if your short lol.    Will add on dips.  CCO, NXE, FCU, BSK, DML, SYH, EFR
Bullboard Posts