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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 flemingson Aug 14, 2015 10:27am
162 Views
Post# 24018213

RE:Ok here's a question for the board--

RE:Ok here's a question for the board--Management would have an obliation to inform share holders of any incoming bid, at this point, any bid greater than the DML paper , could not be rejected by mamgement only recommended or not, and must be put to share holders.. When news of the merger came out last month, the evidence to me was clear that either a low ball had surfaced, and this deal was hastily put togeteher on the weekend so as to free management from having to make the monday morning announcement,  or there was no interest, and for some reason, management decided merging was an option, even though we were cashed up and easilly filling PP's.. but why the hasty concoction..?6 weeks in, not a leak, nothing from the big boys, not even an opinion.. just back tracking analysts, and disgruntled longs.. Some on here are implying that a hidden stratagy by those smarter than us is in play, sounds plausible, but based on history, unlikely.. if i am not mistaken, this is the 3rd hasty deal Dev has put togetehr, and the second with LL.. i now believe that the "deal maker of the year", confuses aggressive decision making with ill conceived ideas, and his luck is running out.. that's my opinion, and for the long's sakes, i hope i'm wrong. .
Bullboard Posts