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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
Post by toriddogon Aug 01, 2015 8:20am
199 Views
Post# 23982387

Re Re Re Good Merger

Re Re Re Good MergerIf you check my record on this board you will see I have held Fission shares since the ESO days and my holdings in FCU are by far the largest holding. I am not promoting DML at all. I am completely convinced that if we do not get an acceptable offer from another buyer before the close of the merger , it will go through with no problem. Most retail investors don't bother to vote and the investment funds generally vote with management . 
I picked up a few DML shares as the price was a bargain and still is, and I really don't care if you believe it or not. 
If we get an offer it will likely be under $2.00 and if this is the case the merger looks better to me.  That is why I call it a good merger as it is a firm back door and will likely end up much better for all FCU shareholders. Can  FCU can hang on alone until the uranium market recovers without further dilution when they run out of cash? Good drill results have done nothing for the share price and if they are forced to issue more shares to raise cash, very bad for us all.

Bullboard Posts