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 PamplonaTraderon Jul 06, 2015 11:05pm

222 Views

Post# 23897096

RE:RE:This is a merger... not a sale or takeover

PamplonaTrader wrote:
Funny how this "basher" called this merger in early February!

Mark my words, the deal will go through! Anyone who holds both DML and FCU (which includes most institutional shareholders) will vote this merger through at the expense of Joe and Jane retail (holding only FCU paper). For FCU shareholders, the deal moves the goal-posts back about 5 years to when the sector turns in earnest. The Newco is indigestible in this bear market and, if you've been paying attention, Lundin is not one to sell in a cyclical downturn. Lundin recognized that it was a buyers market and stole FCU for a song! All he had to do was offer Dev a nice salary and some job security. Unfortunately, for Joe and Jane retail, they've earned the privilege of being diluted by DMLs Phoenix (which Beattie labeled unmineable) as well as future Chinese equity!

For holders of DML, this is music to their ears as the whole, over the longer term, is much better than owning FCU and DML paper in parts!!!

Let the Quakes spin commence!