Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

Bullboard Posts

Comment by MissingA9on Oct 10, 2015 3:14pm

307 Views

Post# 24182424

RE:RE:We are

Excellent points and thank you for reposting the diagram of FCU corporate policy.

I must admit I did not pick up on that (yet another) inconsistency from Dev. Resource estimates and PEA are not important for DML's WR but seem to be critically important for Nexgen. Wow this guy is unbelievable. And then saying that this proposed merger was never a protection strategy - I seem to remember him saying this in at least a couple of interviews. What gives with this guy?? He is totally a loose canon!! Someone needs to muzzle him. He is correct - he built this company and thus he is emotionally far to close to be objective and fair to his shareholders (which is his most important job). Some adjustment of management is necessary in my opinion as, I believe one previous poster was correct in stating that FCU's biggest liability is Dev Randhawa. He means well but sometimes even people with good intentions (which is not clear) can really muck things up. We need someone added to the leadership group who can be stoic and dispassionately guide this aircraft carrier safely into port.

giz62 wrote: Still don't understand how any FCU shareholder could support this deal - without personal gain(my opinion only). Here we are at crunch time and DML has failed to provide any clarity around:

- PEA for Phoenix; importance varies according to which CEO you believe from the townhall, DML or FCU; not having one seemed be not so important for Wheeler but a knock against NXE; what is it guys, is a PEA important?
- Updated resource estimate for Phoenix and initial estimate for the Peter Gryphon zone; but again, depending upon who you believe from the townhall, pounds may or may not be that important.
- Update on the Mongolian asset sale.

Finally, not sure who put that townhall together but it appeared to me no one was very interested in being there (including LL) - if I was to guess, I feel it might have been a suggestion from Sprott. And if it was such an important gathering with all parties in agreement, why was our CEO looking at his watch and preoccupied with catching a plane - you would think his schedule would be planned accordingly....and when I do sell my shares, they won't be Dev's, they will be mine...JMO