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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

Comment by settoretireon Feb 26, 2021 5:54pm
209 Views
Post# 32676968

RE:RE:NXE Dilutes Shareholders

RE:RE:NXE Dilutes Shareholders

correction.........

1 Billion just to sink the shaft. 

Here is my guess for the future of Nexgen and Fission.
To start. Nexgen builds the mill and Fissions ore is processed there.
In say 5/10 years, after Fission is producing, the market is strong enough and Nexgen has made enough of a profit from running Fission ore, they can afford to sink a shaft and start processing their own ore.
Fission in the meantime has been selling their U308 to established markets for a good profit and Nexgen realizes they have undermined their shareholders and Fission buys Nexgen for pennies on the dollar. After all is said and done,
Nxe hires Rudy Gulliany ( from a correctional facility ) to defend them in an antitrust suit against Fission. Rudy tries to " stop the steal ", but gets held in contempt over a flatuation argument.
In the end, both companies combine and branch off with a new nuclear battery company that never needs charging. Cuts cost of EV's by 35%, all run by the new CEO Governance who's salary is $1 a year because he cashed all his NXE shares in and bought FCU when he saw the wrriting on the wall. JMO.

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