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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 toriddogon Apr 24, 2014 6:10pm
468 Views
Post# 22488595

Broken Trust

Broken TrustThe last I heard was that taking up the options required a cash payment of $1.65 . So until the rest of us get a chance for $1.65 for our shares, the options are worthless. Most of my holdings cost me 35 cents and the close today still leaves me with a 24% gain in 2014. 
Sure a lot of whining about this stock when news continues to be better than I expected. Recent large investors have probably taken there profit during the price run up . If you don't like management and have lost confidence in the company, best take the cash and run to a better investment or sit in cash.
Good luck with that.  I have seen nothing directly relating to this investment to cause me to sell.
Note
URE recently sold U308 at over $60.00 per pound on a long term contract ,so the price is not collapsing except for those forced to sell on the spot market. Apparently the US government is one of them which does not surprise me. 
Bullboard Posts