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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 CanadianBuckon Jul 15, 2015 12:26pm
206 Views
Post# 23926497

There is only one REAL issue here....

There is only one REAL issue here....
DEV and management have not made the fundamental case to shareholders that the DML assets are in fact equivalent to FCU assets. I would be ok with a merger if I was convinced of that. First though I want to know what our (FCU) assets are worth so let me see the PEA report after all summer drilling. Then show me and convince me that DML assets are equivalent value. If they are then a merger wouldn't be so hard to accept. Dev has brought this shareholder backlash on himself because of the timing (before PEA) and his lack of ability to articulate why this merger should happen.
Bullboard Posts

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