RE: Be patientFission is a public company and is owned by stockholders. At the next general meeting, if not sooner, a resolution should be introduced by shareholders that proposes a change to the current company policy - specifically that it releases drill results upon receipt.
I don't recall voting my shares in favor of a spinoff that deviated so wildly from the practice of its former parent, Strathmore. Where in the spinoff prospectus was it specified that Fission would have as its new 'policy' of only announcing drill results upon completion? And what defines completion - waiting for all assays to come back?
As we all know, junior exploration company stock prices are materially impacted by press releases or a lack thereof (i.e. HAT). The fact that a decision was apparently made, without shareholder approval, to embark on a policy of restricting press releases to such an infrequent basis, has caught me off guard. And I assume, others.
This decision has introduced a lack of transparency to the company's operation and created a sense of heightened anxiety on the part of its shareholder base. The sooner that shareholders 'persuade' management to rethink and reverse their decision, the better.
Comments?