Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

Bullboard Posts

Comment by conscience1on Feb 21, 2015 3:49am

262 Views

Post# 23450697

RE:RE:RE:RE:Why FCU Management will fight for at least $3

What if that 55% belongs to more than one holder? Aside from a potential buyer, (and potentially successul bidder) limited to 9.9% without tipping their hand,, who could benefit from maintaining a low SP? It suggests that 55/9.9 = 6 potential suitors each have almost 9.9% of FCU shares each. The traders, houses, retail holders like us etc. would all eventually like to see the best possible SP.
Even a losing bidder with 9.9% would have a consolation prize. Or what am I missing?

Bullboard Posts

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