Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

Fission Uranium Corp

Bullboard Posts

Comment by PamplonaTraderon Aug 11, 2015 2:53pm

196 Views

Post# 24007952

RE:RE:Weekly Chart Uh-Oh

PamplonaTrader wrote:

PamplonaTrader wrote:

Those who bought on hopes that a white knight will emerge will begin selling as the vote approaches. Even if the deal gets voted down (I think the deal will go through) activism is needed in order to repair the perceived issues with management. As well, FCU will battle once again with selling pressure due to tax-loss season.

FCU is dominated by two kinds of shareholders:

(1) The shareholders that LIKE the deal and who will be voting YES. These are likely shareholders with longer time horizons; and

(2) Traders and longs who are holding out on hopes that a white knight will emerge.

The experienced investors and traders that DO NOT LIKE the deal are already out, just look at price action since the deal was announced! I suspect that those inexperienced retail investors who are holding to vote NO are vastly outnumbered and will be greatly disappointed when the time comes.