FCU using current popularity to squeeze out compet
FCU is putting shareholder money to work to back court room costs associated with pressuring surrounding juniors to back out of previous acquisitions.
The first in a potentially long line of strong arm tactics, to acquire properties, in the hot Saskatchewan uranium zone, is underway.
I am bringing this to light, to let would be investors know what they are getting themselves into, when they sign on with FCU. As famously known, karma can be a reward and also debilitating, is the risk worth a small % upside?
Provided below is just an insight into just one of FCU's recent leverages into giving up a total of 8 claims legally acquired by LK. The lawyer battles that ensued were overwhelming for the junior uranium upsart. The financial damage that followed the lawyer battles, took LK to the point where they could no longer hold on to the 8 claims, in fear of losing most if not all of its current shareholder value.
Point in case:
See : Termination of Non-Binding LOI with 877384 Alberta Ltd
More to follow...