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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 Oct 11, 2014 12:58pm
431 Views
Post# 23021571

Management contentment ?

Management contentment ?The entire venture exchange is trading at crisis levels , with FCU and most other stocks  trading well below what should be considered fire sale prices. A classic run to cash without regard to whether or not stock stock has any value or issues at all . 
I have and I expect many posters on this board look at it as a rerun of the same thing we have seen before. If the company is sound [ meaning good assets, management, and no debt.] the fire sale is not warranted and the stock price will return to reasonable values in time. 
I have taken the risk of a temporary sale of shares when it was very clear the price was going to drop further. I call it a risk, as the price could have gone the other way or a halt with a takeover offer that would have cost me . 
Thanks to the irrational selling [ Mostly by ANON] , I have several thousand more shares, with no additional investment, than I had when the price decline started. This helps with the pain. My investment will recover at a much lower price level.  Thanks ANON!!

Bullboard Posts