jawcellis wrote: FISSION'S SHARE PRICE AND SHAREHOLDER RESPONSE
July 28, 2015 You're angry. You have a right to be angry. We've seen a third of our market cap wiped out in the last few weeks and as the largest single retail shareholder in the company, I'm equally angry and upset. Yes, there has been a Commodities breakdown and every uranium stock is suffering badly but we've been outperformed by our peers and that's unacceptable.
A lot of people have been asking me if we can break the deal so here's how things stand legally: Fission and Denison have a binding agreement so we can't walk away at this point, however, there will be a shareholder vote in October and everyone will have the opportunity to have their say on the company's future.
Whatever the outcome of that vote, Ross McElroy and I, as well as the entire Fission team, will continue to devote our efforts to building more and more value in the ground and seeing that value reflected in the stock price.
I also want to say that I'm receiving dozens of emails every day from Fission shareholders and I’d like to thank those who have contacted me for taking the time to do so. I have responded to each and every email, regardless of tone and content, and will continue to do so.
I'd like to finish by saying that lost in all of this is how well the Summer drilling program has been going. We've just put out another round of very strong results which has seen growth in three different zones and the first high-grade mineralization at the R1620E so, when you have a moment, please do check out the latest results release.
If you've not already done so, please do contact me with any further questions or thoughts.
Dev Randhawa, CEO & Chairman of Fission Uranium