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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 gizard16on May 20, 2021 11:50am
131 Views
Post# 33237784

RE:RE:RE:RE:RE:Canaccord Genuity analyst raises target price ...

RE:RE:RE:RE:RE:Canaccord Genuity analyst raises target price ...You seem to forget that CGN was two board members at fission. From what I have heard, they are ecstatic with fission's progress and the enormity of their ability to increase the resource. Fission has a great deal of acreage yet to be explored, in a very favorable part of the basin.
the upside is boundless.

Uraniuman308 wrote:

So why hasn't CGN participated in any further funding and/or maintained their percentage ownership of FCU?  Could it be because they like the "project" as Ross put it, but don't like the company?  And why would that be, lol!  Perhaps CGN's comment that FCU needs to work toward improving their image provides some insight for new investors.  In my opinion the change in management has fallen far short in this regard - simply a new shade of lipstick.  JMO

 

gizard16 wrote: What's interesting is that after months of DD, CGN chose fission over everyone else. They appreciated the high grade, shallow deposit, unlike others, that are way too deep to mine.
 

 

GovernanceQP wrote: CGN paid 85 cents which is sort of funny with respect to this 80 cents target and the CGN buy was over 5 years ago. Not good going for FCU.

 




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