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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
Comment by conscience1on Jul 18, 2015 2:32pm
220 Views
Post# 23937553

RE:FCU needs to market this proposed merger ...

RE:FCU needs to market this proposed merger ...At 1.26:1, and gunpoint donation of half our asset to DML, maybe management have constructed this deliberately to fail, at least from the POV of FCU's SHs.  Who knows?

If they actually want this to survive, let them sweeten the pot.  Exclude the added value of the summer drilling and PEA, raise the ratio to something palatable, and provide the updated Agreement before the signing date so we can have 3 months to consider whether to vote Y or N on a deal that may actually provoke thought, instead of reflex nausea.
Bullboard Posts