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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
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Comment by gravedigger51on Sep 29, 2017 4:11pm
120 Views
Post# 26760732

RE:RE:A few comments for today

RE:RE:A few comments for todayHi Moneyworth,

We have never spoken and I enjoy your posts btw.

Please take the time to read my full post again.  In brackets (or the price drastically increases) I should have said  prior but thought that was obvious.  Also price being stock price if there was confusion.

I have no idea what a proper take out price is but i know it wont come in prior to a RE (end of 2017 meaning we are working with 2018 as prior) and Im figuring its over 2.00 (thats my minimum guess post updated RE but would probably be higher).

I can not see management approving anything lower, and I cant see a buyer going to their shareholders and justifying a 350% plus  premium on a company.  I have never seen one but there is always a first. 

Its managements call on a buyout with the CGN 20% vote backing until January 2019 and then CGN can vote independantly on what it perceives is in its best interests.

Gravedigger
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities