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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 conscience1on Aug 02, 2015 12:10pm
234 Views
Post# 23983637

But Stanley...

But Stanley...Please don't lump all No voters into the same pile. Tdog, too. This No voter wouldn't settle for a sub-2.00 takeout of FCU, and this No voter sees plenty of benefit in synergy under the Lundin brand. My objection is to being paid in DML shares for half the value of RRR, and having my time frame hijacked. Pay me in Lundin Mining...? If there's a rapid correction in DML SP, I may be persuaded to vote Yes, as that'll translate into 1.26 times a better number. As I stated once before, this whole plan may have been hatched when the Chinese delegation made simultaneous low-ball offers to both DML and FCU. Dev owes LL a favour, they turtle together to present a harsh surface to predators, and buy time to get their affairs in order. Sale of assets by DML (especially at several times the NAV listed previously in this space) becomes a great contribution to the shared cause, while proving up more lbs at RRR is FCU's ante. If DML can horse-trade away enough of its low-grade assets for a profit, LL may have a better role as ambassador for sale of RRR to those bigger-league players post merge. Next "deal-maker of the year?" I haven't drunk the Kool-Aid, and will vote No if the DML SP isn't respectable. There's still plenty of time to decide. I want to draw a distinction between DML and Lundin, too. They're different things, and Lundin Mining's successful dealing history doesn't seem to have done anything for DML's SP. Apples and oranges.
Bullboard Posts