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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 teeveeon Jul 18, 2015 10:57pm
171 Views
Post# 23938138

RE:RE:Re Re Dev let us all down

RE:RE:Re Re Dev let us all downLOL.....If a cash offer for $1.40 came in, and DML matched it with shares, I doubt shareholders would take the DML paper instead of cash. Also, it would trigger another round of DML short selling to hedge/lock in  the increased share offer to cash equivalent. One certainty is that DML couldn't raise the cash to better a cash offer......

Greenday wrote: .... It's interesting that the merger agreement permits DML to match any competing offer, but what else could DML do?  1:5?  1:75?  As Dev said at the news conference......everybody keeps their cards close to themselves.




Bullboard Posts