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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.


TSX:FCU - Post by User

Bullboard Posts
Post by Zo$oon Aug 26, 2013 11:06pm
325 Views
Post# 21699554

Dev's approach is truly baffling

Dev's approach is truly bafflingThe problem here is both sides have conflicting objectives.  Fission's management is very "aware" of its shareholders wishes, though it should be pointed out that management ARE some of the biggest shareholders.  They want to cash out, take their winnings, and move onto the next project.  I see where they're coming from-- they've had pretty good success, and want to try to do it again.  Not everyone wants to go through the long drawn out takeover process.  Neither company will be building a mine.

With all this in mind, I find the takeover move by Dev to be bizarre.  It only makes sense as a PR stunt, to give a bit of a kick to the SP.  

Pretty lousy of him to once again slag Alpha management.  But obviously not surprising.  Fission's technical team is good, but Alpha's is as well.  Fission's collective ego's are through the roof.  It's truly incredible
Bullboard Posts