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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 Born2Struggle2on Jun 17, 2020 1:24pm
110 Views
Post# 31161011

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Fission Uranium looking to list on the NYSE

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Fission Uranium looking to list on the NYSE@ u...308

I on purpose choose not to make comparisons with other U mining enterprises. Arrow is a good deposit as well and again I'm not currently a shareholder, made some trades in the past as I have with RRR and I again I state that I'm not currently a shareholder. But likely will be in both in the future.

The point I'm making is that the leadership of FCU has done a Yeoman's job of bringing this claim to where it is and they don't, in my opinion, deserve the negative comments being posted here. In my view they are competent and effective.

For me a KEY investment criteria is DEBT and again I'll repeat that the DEBT that the FCU leadership has incurred in getting to this point is not a threat to continued development and operations. As well, defining both a PFS for open pit and underground is an asset going forward not at all detrimental to future operations.

RRR stands above the others in ease of access, in less than a year from the get go the mine can be profitable because of the deposit's shallow depth. I would like to see leadership take the development forward to truck the ore mined to a contracted mill - MClean Lake has unused capacity. Also no tailings pond required. No one else in the basin can do this with the exception of the ISR being studied at Phoenix.

I come here to share what I know and to learn from others - why r u here?

Good Luck To All - B2S2








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