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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 ursusbrumaeon Nov 27, 2015 3:01am
120 Views
Post# 24330490

RE:RE:What exactly is the criticism of management?

RE:RE:What exactly is the criticism of management?Moneysworth, I am certainly not here to delight in the woes of these firms or their shareholders.  On the contrary, I ask why so many have lost confidence in management, after they have created so much value.  From what I have read the supply outlook looks grim in the short to medium term, as Cameco ramps up production from Cigar Lake, etc., and Kazakhstan continues to post extraordinary production growth even at these low prices.  Meanwhile, demand growth, say from a Japanese or German restart, and Chinese and Indian newbuilds, should play out over a long period.  I cannot know this.  However, I have seen nothing to convince me otherwise.  I have observed the values of many great exploration and development projects obliterated.  Given the calibre of the asset and management here, the equity should survive.  But where is the floor, or the light at the end of the tunnel?
Bullboard Posts