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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 Uraniuman308on Jul 19, 2020 2:08pm
54 Views
Post# 31287827

RE:RE:RE:RE:RE:No Doubt in my Mind

RE:RE:RE:RE:RE:No Doubt in my Mind

next thing we will hear is something ridiculous, like "we are worth $3.00/share", remember the days when everyone was interested, to "no one is interested".? Open pit to underground? Divesting FUU only to buy shares back?  It's become really hard to take management comments seriously and when they start talking about CGN blocking a takeover one can't help but laugh.  CGN has their offtake regardless of who owns the deposit so I doubt they would have any objections to a takeover if one were to magically appear.  The biggest threat to a takeover in my opinion are Dev and Ross; I doubt they would be willing to give up the golden goose unless it was in their personal best interest.  JMO


Uraniuman308 wrote:

Right now I would rather take my chances with CGN rather than Dev and Ross.  And that's not saying much.  And blocking a takeover, lol.  Gimme a break.  A classic diversion from a scrambling management.  JMO

 

zum2020 wrote: Here is the link where the CEO goes into great detail how the financing happened with Sprott and and explains about CGN's role from the financing perspective.

Dev doesn't want CGN to have the option to block take over bid. The reason seems to be clear, but everyone should judge for themselves from the interview.


 

 

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




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