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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

Comment by zum2020on Jul 19, 2020 12:12pm
63 Views
Post# 31287546

RE:RE:RE:FCU Spot Price Misrepresentation

RE:RE:RE:FCU Spot Price MisrepresentationYou conveniently failed to mention about the timing of these deals.

The deals were put together obviously before the actual date of the announcements and the financing market conditions changed from night and day when FCU and NXE financings were made.

The Uranium market probably made less move in a decade than during the time when these two financing were put together. 

Here is the link where the CEO goes into great detail how the financing happened and is expected to happen for this year. He also explains about his strategy with CGN's stake and financing. 

Everyone shoud watch the interview see what is said and explained directly from the CEO.


Discussion with Dev Randhawa Fission Uranium Corp.
 
12 May 2020
 
https://www.youtube.com/watch?v=Y4f6fez7VxU&t=27s
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