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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 Bull4u2on Nov 27, 2019 10:33am
91 Views
Post# 30397811

RE:RE:RE:RE:RE:The distaste

RE:RE:RE:RE:RE:The distasteFirst of all CGN can't own that much of FCU, and second, that off-take was a good deal for both. A guaranteed buyer and one of the best 'partners' in the nuclear world.

Uraniuman308 wrote:

So, no one else sees it as a problem?  Then why are we trading at .28cents.  And if it doesn't bother CGN, why don't they just buy the remaining 80% ?  The reality is, they don't see it as an issue because they don't have to spend another dime trying to deal with it but are guaranteed their supply due to the crazy off take our CEO signed.  JMO 

 

Bull4u2 wrote: No, no issue at all on the lake. The only people who keep bringing it up are the dumb a$$es like you.
It certainly never bothered CGN.
 

 

Uraniuman308 wrote:

I listened to this and find it funny that every time Ross and/or Dev discuss PLS they conveniently fail to mention their deposit is under a lake.  Pretty big omission don't you think.  JMO

 

Co2Harvest wrote: Some interesting thoughts from Ross McElroy about the growth of
Nuclear in China and other countries and that supply has been constrained by low prices. It may just take a few more years of low prices to cure the low prices. I have no idea what that means for FCU other than it doesn't look like they'll be producing until 2021-2023, right? Licenses in 2021 maybe? 
https://ca.proactiveinvestors.com/companies/news/907777/fission-uranium-s-ross-mcelroy-discusses-underground-pfs-for-flagship-saskatchewan-project-907777.html

 

 


 




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