FCU:TSX

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:

Heiko Ihle, Rodman & Renshaw (7/15/15)
"We attended the Fission Uranium Corp. Patterson Lake South (PLS) visit July 12–13. . .the project remains the largest undeveloped asset in the Athabasca Basin, has high-grade ore located at a shallow depth, and is located in a geopolitically safe jurisdiction. . .various characteristics of PLS have improved quite markedly since our last visit. We view the recent Fission and Denison Mines Corp. transaction as a strong positive. . .on July 13, Fission announced initial results pertaining to three holes from its 2015 summer drill program. . .all three holes returned meaningful mineralization (more than 10,000 counts per second)."

Heiko Ihle, Rodman & Renshaw (7/13/15)
"Effective today, we will be publishing research covering Fission Uranium Corp. under the marketing name Rodman & Renshaw. . .while we expect the firm to continue to grow the resource base at Patterson Lake South through further drilling activities, we anticipate the release of a PEA sometime this summer. . .we are reiterating our Buy recommendation and $1.90/share price target on Fission Uranium."

Rob Chang, Cantor Fitzgerald (7/13/15)
"Fission Uranium Corp. has announced the first three scintillometer results from its summer 2015 drilling campaign; today's news is positive as drilling on the R780E zone continues to intersect high-grade radioactive mineralization. Moreover, the high-grade drill intercept from the R600W zone demonstrates not only impressive width but geological similarities with that of the R780E zone, which bodes well for potential future resource growth."

Brent Cook, Exploration Insights (7/12/15)
"This week, Fission Uranium Corp. and Denison Mines Corp. signed a binding letter of intent to merge the two companies, in a deal that values Fission at 1.26 shares of Denison. . .the new company is viable and does indeed own legitimate and growing deposits that offer leverage to the uranium price. . .I see no reason to sell at what I think is close to the market bottom."

Jerome Lam, Seeking Alpha (7/10/15)
"Moving forward, Fission Uranium Corp. has three likely paths: the merger, as proposed, a counterbid or the company continues to explore and wait for a buyer. This outcome is to be determined by shareholders. . .either way, I am in for the long haul."

Ron Stewart, Macquarie Capital Markets (7/8/15)
"In a surprise announcement, Fission Uranium Corp. and Denison Mines Corp. have agreed to merge, subject to shareholder and regulatory approval. . .we would not be surprised if the deal inspires an interloper to emerge with a higher bid. . .we continue to be buyers of Fission as we see little upside from exiting this story at this point."

More Expert Comments

Experts Commenting on This Company

Matt Badiali, Editor – Stansberry Research
Mick Carew, Analyst – Haywood Securities
Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Eric Coffin, Owner – HRA Advisory
Brent Cook, Analyst, Geologist Exploration Insights
Oliver Gross, Chief Editor and Analyst Der Rohstoff-Anleger
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
Kal Kotecha – Junior Gold Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Björn Paffrath, Director – Stabilitas-Fonds
Bhakti Pavani – Euro Pacific Canada
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.
Fission Uranium Corp. Content