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:

Brien Lundin, Gold Newsletter (Jefferson Financial) (11/13/15)
"Fission Uranium Corp. and Denison have called off their previously announced merger. In my opinion, the demise of the deal is good for Fission shareholders going forward. . .as a discovery play with much more upside to come, the company by itself also offers the kind of speculative potential that attracted most of its shareholders in the first place."

"Fission Uranium Corp. is essentially back to the position it was in before the Denison Mines Corp. deal, and that is with probably the highest-grade unmined uranium deposit in the world that isn't controlled by a major uranium producer." read more >

Kristen Moran, Investing News Network (11/3/15)
"Fission Uranium Corp. released its resource estimate for the Triple R deposit, located in its Patterson Lake south project, in January, significantly surpassing the expectations of most analysts. . .a preliminary economic assessment for Triple R, released in September, shows that it could be one of the lowest-cost uranium operations in the world."

"Fission Uranium Corp.'s Ross McElroy and his team have done a great job growing the Patterson Lake South (PLS) resource, which is turning out to be a world-class deposit. It is clear the majority of the company's shareholders wanted the company to stay focused on its PLS project and didn't believe the benefits of diversification, including access to a mill, the Lundin group and Wheeler River, outweighed the potential of the PLS deposit. I had a great run early on with Fission. We tripled our money, and we sold, albeit a bit too early, but a profit is a profit. . .the company could become an acquirer of other projects on the east or west side of the basin, or it too could become a takeout target by larger company. . .in the near term, I think Fission will keep drilling fantastic numbers and move its project forward." read more >

Wayne Hewgill, Mackie Research Capital (10/26/15)
"Fission Uranium Corp. announced results from an additional 10 angled holes from its 100%-owned Patterson Lake South project in the southwestern Athabasca Basin in Saskatchewan. . .drilling in the land-based 600W zone intersected 24.5m grading 3.67% U3O8 including 5m of 11.10% U3O8. The high-grade mineralization in the 600W zone is not included in the existing resource or the PEA. It is also important to note the potential for the near-surface and land-based mineralization at 600W, to provide a starting pit while the more complicated mining process is developed for the 780E zone which will require damming the lake."

Haywood Securities (10/23/15)
"Fission Uranium Corp.'s latest results from Triple R continue to indicate that the R600W zone has the potential to add significant, high-grade U308 mineralization to what is already a significant resource. In addition, the R600W zone, not included in the latest PEA for Triple R, could potentially improve the economics of an open-pit operation, given it is situation on land to the east of Patterson Lake."

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
Jeb Handwerger, Author Gold Stock Trades
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 Capital Markets
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.