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.

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Fission Uranium Corp

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Comment by stanleyon Apr 02, 2015 6:32am

231 Views

Post# 23590351

RE:Reverse Splits...

Moneysworth:

I would like to echo your sentiment(s) wrt reverse splits being the "kiss of death" for a stock. This fact has been (known) PROVEN for decades.

I would like to itemize them for my Lurk & Learns:

1. Reverse splits are the absolute worse thing you can ever hope for.

2. Will do absolutely nothing to enhance shareholder value.

3. Liquidity isn't a bad thing especially with many holding large positions here.

4. Whether we're at 1.25, 2.50 or 5.00 the upside won't be enhanced any further, and we'll probably be hindered by a much smaller float.

5. This financing was actually a very good thing.

6. We will all look back and admit it was a shrewd move by Dev.

7. This world class deposit was de-risked long ago, and can only get much larger.

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...please, please, please! Been playing this game for a long time, and believe me, reverse splits are the absolute worse thing you can ever hope for. Will do absolutely nothing to enhance shareholder value. Liquidity isn't a bad thing especially with many holding large positions here. Whether we're at 1.25, 2.50 or 5.00 the upside won't be enhanced any further, and we'll probably be hindered by a much smaller float. This financing was actually a very good thing. We will all look back and admit it was a shrewd move by Dev. This world class deposit was de-risked long ago, and can only get much larger.

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