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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 1:48pm
186 Views
Post# 24176041

RE:IF A "NO" VOTE NEXT WEEK, FCU TANKS!

RE:IF A "NO" VOTE NEXT WEEK, FCU TANKS!BBB - those consequences refer to management adjustments ...

BaystreetBrian wrote:

Also in July we looked at the Fission – Denison proposed merger. At the time we liked the combined uranium portfolio of exploration and development properties, the cash flow from toll-milling at the Cigar Lake Mine and management fees from Uranium Participation Corporation, and the strength of the proposed leadership team. We also acknowledged weaknesses in the deal, which goes to Fission’s shareholders for approval next Wednesday, October 14.

Some of those shareholders are strongly opposed to the deal. At a town-hall style held by Fission in Toronto on Oct 6, those shareholders made their voice heard. It’s going to be a close call whether the deal is approved. Expect major consequences if the shareholders vote down the merger.

- See more at: https://investorintel.com/technology-metals-intel/blue-jays-lithium-uranium-and-pot/#sthash.fdKJVPhI.dpuf



Bullboard Posts