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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 MissingA9on Oct 08, 2015 2:44am
215 Views
Post# 24174298

RE:RE:RE:shareholders snowball effect.

RE:RE:RE:shareholders snowball effect. Can someone with knowledge of the situation comment whether the CEO of Hathor was jet setting around the world.  It seems to me that Dev is doing all the wrong things and actually creating a barrier to any potential deals.  After you retire Dev - then you can globe trot but I am not paying you to explore the world while our company is falling apart.  Get your $hit together or you are gone!!!  He should lock himself in his office and start answering emails from angry shareholders, pressing to get all the assays out and updated RE and updated PEA publiushed, and start looking for people to add to the board to prevent this insanity from recurring.  To me, this guy is not showing that he has what it takes to be a CEO - even at this level (my opinion only - which seems to be pretty widely held based on comments on this site)


globe
quakes99 wrote: The problem, benzo40, is that it is impossible for us to know if there could be a hostile bidder waiting in the bushes who has not shown themselves yet.  It is flawed logic to say that just because there haven't been any other offers that there will not be any post-Vote. 

It's kind of like the scenario of a castle that has erected a temporary wooden fence to fend off any barbarians... but none show up... so the King and his court decide against their plan to build a permanent stone wall.   Even though they know that the woods could be thick with barbarians they are lulled into a false sense of security.  Sometimes it's safer to build the stone wall just in case?

At this stage of the game ANYTHING is possible... which might explain why Dev is on his way back to Beijing.  There could be more surprises coming... and looking in the rear view mirror certainly won't help us see them on the horizon.

Cheers!


benzo40 wrote: However, he thinks shareholders are ignoring the glaring fact that there is no such deal out there. And couple of weeks ago he stated that the merger was to prevent a hostile takeover....? It looks like im in a twilight zone right now. WTF Dev....




Bullboard Posts