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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 daverhugheson Jan 27, 2023 1:25pm
232 Views
Post# 35250526

RE:RE:RE:RE:RE:TOP NOTCH GRADES PLUS SHALLOW DEPOSIT

RE:RE:RE:RE:RE:TOP NOTCH GRADES PLUS SHALLOW DEPOSITUraniuman308, I enjoyed your overall thesis, BUT, you are overlooking synergies enjoyed by companies doing a TWOFOR such as a tandem of NXE and FCU pulling together, rather than separately.  Infrastructure, facilities and mine plans progressing together would in all likelihood drive down capex, enhance mine life, reduce G&A and put large smiles on the faces of regulators and local first nations groups.  I am not a believer in NEWBIES such as NXE and FCU going it alone and there are always hungry predators such as BHP, CCO, Anglo, or perhaps even an EXXON or Shell looking to snap up a once in a lifetime opportunity at a bargain basement price.
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