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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 CanadaBckon Apr 09, 2018 10:28pm
141 Views
Post# 27856866

RE:Only One Reason Chang brought in... and not a good one

RE:Only One Reason Chang brought in... and not a good oneI heard that Chang was offered an opportunity at Nexgen, but turned them down!!
Too bad, he could have really helped their investors.

CanadianBuck wrote: Chang is a money guy, only one reason he has been brought in and that's to help raise money in an equity/equity related deal.

The company likely  is getting ready to raise money sometime in the next 6-18 months and before they do we probably will see a roll back (probably 1 for 10).

I would bet a roll back will be on next years AGM agenda and an equity raise shortly afterwards.

You can't keep spending money hand over fist on promotional BS without a day of reckoning
coming.They cut back spending on the drilling program and left salaries,perks,travel and promotion the same???!


Bullboard Posts