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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
Post by mdrfan69on Dec 21, 2015 3:38pm
168 Views
Post# 24402445

Denison Mines vs Fission Uranium - mgmt was put in its place

Denison Mines vs Fission Uranium - mgmt was put in its placeThe markets almost witnessed another consolidation between Fission Uranium and Denison Mines; however, that merger fell through. A little background The drama first began last summer when Fission Uranium (FCUUF) and Denison Mines (NYSEMKT:DNN) canceled their proposed merger to create the leading junior uranium vehicle in the Athabasca Basin. While Denison shareholders strongly supported the deal, Fission shareholders did not. One dissident shareholder, FCU Oversight, really did not like the proposed merger, and even nominated his own board of directors. While FCU Oversight eventually retreated, Fissions momentum was slowed and the merger fell through. The quandary for investors looking to buy into the leading Athabasca exploration play is which one to chose. Asset sizes are comparable, management teams are both competent, and even the shares have traded in near tandem for the past 12 months! Read more at https://www.stockhouse.com/opinion/independent-reports/2015/12/17/fission-uranium-vs-denison-mining-the-ups-and-ups-the-uranium-sector#ybLw5H2uEwYP0e2A.99
Bullboard Posts