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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
Comment by 3x33on Aug 13, 2015 10:05am
75 Views
Post# 24014450

RE:RE:RE:Need $1.50 offer!!

RE:RE:RE:Need $1.50 offer!!Agreed. VOTE NO
bull_man wrote: the thing is, a $1.50 offer, based on the 105.5M lbs, doesn't mean it stops there; it at least quashes the idiotic merger deal and gives us a chance to ponder the new offer; in the meantime, management could rush out a new resource estimate and have it coincide with the PEA; this opens the door to a counter offer from a new bidder, a re-negotiation with the current bidder, or simply a NO vote from us shareholders if we think the offer is too low; we still have a couple of months for lots to happen; however, a worry i have, should a bid not materialize, is that FCU management (along with other external powers), who are clearly in favor of the merger due to "personal" goals, may withhold valuable information to ensure potential bidders are kept in the dark; anyway, if there is no bid, which I highly doubt.....VOTE NO in October.


Bullboard Posts