FCU:TSX; FCUUF:OTCQX; 2FU:FSE

Fission Uranium Corp.

Fission is the most awarded uranium explorer in the world. It owns the PLS project in Canada’s Athabasca Basin, home to the world’s richest uranium deposits. PLS is host to the Triple R deposit – the only major, high-grade deposit in the region that is near-surface – together with three additional high-grade, shallow-depth zones. This mineralization is part of a 2.58km mineralized trend that has the largest footprint in the Athabasca Basin and is still open in multiple directions. Exploration is ongoing.

Fission has won the industry’s top awards, including The Northern Miner’s Mining Person/s of the Year, PDAC’s Bill Denis Award and The Mining Journal’s Excellence Award. Most recently, The Mining Journal ranked PLS as the top undeveloped uranium project in the world. Headed up by CEO Dev Randhawa, the company has made two major uranium discoveries in three years. President and Chief Geologist, Ross McElroy, has been instrumental in five of the last ten major discoveries in the basin. In January, 2016, CGN Mining invested $82M (cash) in Fission at a premium, ensuring the company is very well-funded.
FCU:TSX FCUUF:OTCQX 2FU:FSE

Expert Comments:

Brien Lundin, Gold Newsletter (Jefferson Financial) (11/8/16)
"Fission Uranium Corp. has been using drilling on the outer limits of its Triple R deposit to grow that deposit’s already world-class stash of uranium. . .over the long-term, the insitu value it has already proved up at Triple R, combined with the exploration success the company continues to enjoy, will make current prices seem cheap by comparison. . . .that said, current market conditions call for caution in this sector. . .we’ll keep Fission a hold until we get a better sense of the broader market for the energy metal."

Rob Chang, Cantor Fitzgerald (10/27/16)
"Our recommendation for Fission Uranium remains a BUY at a $1.15 per share. . .a constant stream of high-grade assay results from the $13.3M budgeted summer drill program targeted 52 holes totaling 15,200m of total drilling; 36 of the 52 targeted holes were dedicated to connecting the various high-grades zones. . .the high-grade R840W Zone (along with the R1620E Zone) has the potential to add to the current resource. An updated resource estimate is expected for some time in 2017."

Heiko Ihle, Rodman & Renshaw (10/25/16)
"We are reiterating a Buy rating and $1.70 per share price target on Fission Uranium Corp. . .our valuation is based on a DCF of operations at PLS utilizing a 10.0% discount rate and a long-term uranium price of $65 per pound (beginning in 2023). . .to this, we add cash and value for future resource expansion outside of the currently defined resource base with an additional 30 million pounds at an average price of $6.75 per pound. . . we continue to view Fission as an eventual takeout target and expect future drilling campaigns to significantly expand the project's existing resource base."

David Talbot, Dundee Capital Markets (10/24/16)
"We recommend Fission Uranium Corp. with a BUY and a target of C$2.20. . .final PLS assays end the summer drill program with a strong finish; drilling continued to widen R840W zone, demonstrating further growth right until the end. . .we do see potential for uranium to the west...like beads on a necklace, there are already at least 10 zones that occur along trend within the PLS, Arrow and Spitfire deposits. . .R840W Zone lies entirely outside of existing resource areas, and we estimate that it may host upwards of 20MM lbs U3O8."

David Talbot, Dundee Capital Markets (10/12/16)
"We recommend Fission Uranium Corp. with a BUY and C$2.20 target. . .assays for another seven holes were released overnight, highlighting further high-grade intersections at both the far east (R1620E zone) and west (840W Zone) ends of known mineralization. All holes demonstrate strong alteration, mineralization and structure--they host shallow, high-grade U3O8 mineralization, occur beyond existing resource boundaries, and remain open. . .these positive indicators suggest potential to find further uranium along trend; both through expansion of known zones, and via potential discoveries within wide gaps in drilling. . .the R1620E zone returned its highest grades to date."

Two new zones on Fission Uranium's Patterson Lake South property reported high-grade assays, catching the notice of Dundee Capital Markets.
read more >
David Talbot, Dundee Capital Markets (9/26/16)
"Fission Uranium Corp. is outperforming its peers, except for developers. . .Initial results look very good with high grade uranium assays reported from both ends of the 2.63 km PLS trend in the Athabasca Basin. . .Both of these zones occur outside of the current 105.5 MM lbs U3O8 PLS resource boundary. . .We believe that these zones meet the criteria of being "meaningful" and expect resources to grow which may positively impact economics. . .We recommend Fission Uranium with a BUY and a target of C$2.20, based on a 0.8x multiple applied to our 10% DCF model."

More Expert Comments

Experts Following This Company

Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Eric Coffin, Owner – HRA Advisory
Jeb Handwerger, Author Gold Stock Trades
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Thibaut Lepouttre, Editor Caesars Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Paul Renken, Senior Geologist – VSA Capital
Rick Rule, Chairman – Sprott Global Resource Investments Ltd.
David Sadowski, Analyst – Raymond James
David Talbot, Vice President, Senior Analyst – Dundee Capital Markets

The information provided above is from analysts, newsletters, the company and other contributors.

Fission Uranium Corp. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
 
The most significant near-surface, high-grade deposit in Canada's Athabasca Basin
 
The world’s most-awarded uranium explorer
 
Still early days at PLS, with numerous exploration hot spots throughout the large property