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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 pmath11on Aug 16, 2015 9:52am
219 Views
Post# 24022406

RE:RE:RE:Ross McElroy Interview at Sprott-Stansberry Conference

RE:RE:RE:Ross McElroy Interview at Sprott-Stansberry ConferenceI agree Demo, as soon as the merger came up, he rocked back and looked somewhat uncomfortable.  

Perhaps he had been bombarded with questions at the conference all day about the merger and the erosion of the SP as of late. He seemed flustered, and was definitely given some talking points to cover when answering this sensitive topic. I am suprised that the interviewer didn't ask him about his views on the recent downtick. That interview was very superficial, and perhaps not the best place for those questions to be asked. Too bad.  

That being said, my real opinion is that should this merger go through (which unfortunately it most likely will), it is not the end of the world. Yes, we are marrying a bride with some baggage, however Cameco and Rio have big enough pockets to pick Newco up in conjuction either alone, or with the deep pockets of the Chinese. My hypothesis lies with the Chinese delegation that's been floating around the basin. They want in, and have asked for a piece of the pie, and the network of closed door CEO talks has layed the framework for this merger. Better to have one massive deal, as opposed to multiple, smaller deals, which would be very awkward to handle for approval from the proper authorities with regard to foreign investment. 

Just my opinion. 
Bullboard Posts