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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.


TSX:FCU - Post by User

Bullboard Posts
Post by toriddogon Nov 04, 2014 4:51pm
224 Views
Post# 23094583

Institutional and insider ownership

Institutional and insider ownershipShakerman posted these holdings Nov 3rd. They total only 17.7% of the shares in FCU which surprises me.  So clearly none of these guys  alone will have any great affect on a vote. I expect several of the Anon companies planning to bid will be holding close to the 10% maximum allowed before they have to delcare their ownership position. 
I think this is good news in regard to concerns that a low bid would be accepted. The first one to bid  will be very unlikely to be sucessful if it is low. One of the others would step in and make sure they  at least make a very good profit on their shares. It appears that us long tern holders must as a group ,hold a pretty good chunk of the total shares. 

Bullboard Posts

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