Fission Uranium Corp.

Fission Uranium Corp. is a Canada-based uranium exploration company with a major discovery in the Athabasca Basin, home to the world's richest uranium deposits. Headed up by CEO Dev Randhawa, the company's team has made two major uranium discoveries in three years. COO, President and Head Geologist Ross McElroy has been instrumental in five of the last nine major discoveries in the basin. In April 2013, Fission Uranium Corp. was spun out of Fission Energy Corp. as part of a transaction with Denison Mines. Current assets include $17M cash and Patterson Lake South, the Athabasca Basin's new premium uranium discovery.

Expert Comments:

Wayne Hewgill, Mackie Research Capital (9/28/15)
"Fission Uranium Corp. announced the initial assay results from the 2015 summer drilling program on its 100%-owned Patterson Lake South project. . .highlights from the drilling on line 555E in the 780E zone included an interval 12.5m grading 10.91% U3O8 starting at a depth of 120m. The interval included a high-grade interval of 4.5m grading 21.53% U3O8. . .the company also announced promising results from regional drilling on the Forest Lake and Patterson Lake corridors."

Heiko Ihle, Rodman & Renshaw (9/18/15)
"On September 19, 2015, Fission Uranium Corp. announced the final results from its 2015 summer drill program. We highlight that the 20,000m, 60-hole drilling program at Patterson Lake South (PLS) boasts a 100% mineralization hit rate. . .we continue to remain optimistic that PLS hosts strong exploration potential and look forward to the release of winter drilling results, particularly those at R600W."

Brent Cook, Exploration Insights (9/6/15)
"On Thursday, Fission Uranium Corp. released the results of a PEA for its Triple R uranium deposit. . .the study indicated Triple R could be developed into a robust deposit (after-tax NPV10% $1.02B, internal rate of return 34% assuming $65 uranium)."

David Sadowski, Raymond James (9/4/15)
"Fission Uranium Corp. announced highlight results from a maiden PEA at its flagship, 100%-owned Patterson Lake South uranium project in northern Saskatchewan. Parameters are broadly in-line with our estimates, outlining a robust, very low opex, stand-alone mine using open pit and underground extraction that would rank Triple R as the fourth largest producer globally. We urge investors to build positions on significant share price weakness in Fission."

Rob Chang, Cantor Fitzgerald (9/4/15)
"Fission Uranium Corp. has announced a NI-43-101-compliant PEA on the wholly owned Triple R uranium deposit. . .the PEA demonstrates the viability and profitability of the project. We are upgrading our recommendation to Buy."

Nik Rasskazovskiy, Salman Partners (9/4/15)
"Yesterday, Fission Uranium Corp. released positive results of a PEA prepared by RPA Inc., on Fission's Triple R uranium deposit, at its 100%-owned Patterson Lake South property in the Athabasca Basin, in Saskatchewan. . .with the average operating costs of US$14.02/lb U3O8 over the life of mine, Triple R can potentially become one of the lowest-cost uranium producers in the world."

More Expert Comments

Experts Following This Company

Matt Badiali, Editor – Stansberry Research
Mick Carew, Analyst – Haywood Securities
Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Brent Cook, Analyst, Geologist Exploration Insights
Oliver Gross, Chief Editor and Analyst Der Rohstoff-Anleger
Jeb Handwerger, Author Gold Stock Trades
Colin Healey, Analyst – Haywood Securities
Wayne Hewgill, Analyst – Mackie Research Capital
Nick Hodge, Founder and president of the Outsider Club – Outsider Club
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Marin Katusa, Analyst – Katusa Research
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Gwen Preston, Founder – Resource Maven
Nik Rasskazovskiy – Salman Partners
Paul Renken, Senior Geologist – VSA Capital
David Sadowski, Analyst – Raymond James
Ron Stewart, Analyst – Macquarie Equity Research
David Talbot, Vice President, Senior Analyst – Dundee Capital Markets

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.