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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 wreakhavokon Sep 06, 2024 2:54pm
132 Views
Post# 36212257

RE:RE:Shake Your Head

RE:RE:Shake Your HeadQuoting from the Haywood Radar Flash report on FCU dated August 26..... "We continue to recommend owning FCU for exposure to PLS, as few uranium projects have been as de-risked.
Reiterating our Buy rating and $2.30/share Target.  We continue to view Fission's PLS property as a strong standalone asset."

I think they would like to keep the share price low for now,  and if Paladin remains low, they will have the deal in the bag.  For all those selling now, someone else is gaining market share.  Paladin's stock has lost 25% in the last 10 days!   It could easily bounce back just as quickly when the deadline approaches.   At this price, buying might be good!!


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