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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 stanleyon Aug 17, 2015 8:07am
209 Views
Post# 24023703

RE:RE:RE:Fission has the "new and better bids" advantage right now...

RE:RE:RE:Fission has the "new and better bids" advantage right now...Lurk & Learns & Quakes99:

Again kudos for you and others (like Rover) engaging the purloiners. Your last IF pretty well describes my previous speculation of TIME & WHIPSAW. Meaning that many here speculated from publicly available data that trading in FCU and/or- appeared to be "manipulated" by some entity.

There are companies out there with departments that specialize on trading pattern analysis, like the OSC is supposed to do; but it is the SEC that usually alert's them (as seen in a plethora of Canada Stockwatch's bulletins) to these things.  So it does not take much for Dundee & Haywood to see or study these sorts of things.

Bottom line someone had "governered the needle". i.e. the FCU PPS was not not anywhere close to the analysts predictions (tell being "torque premiums" being decimated as a stunned FCU "investor" turned "speculator" looked for answers) even in a toxic commodities sell off. Thus Dev (probably armed with aforementioned data) was compelled to take some evasive action like it or not.

Resulting in as you and others have speculated, FCU is in a win-win merger or no merger, mostly based on the PEA's use of FV (vs spot) pricing.


But, in my view, the trump card that beats all of those IF's is the Takeout Offer card.  They tend to be extremely rapid, creating significant upside within minutes after the halted stock resumes trading... and the share price can rise above the offer price if speculators think that another even higher offer from a competitor could follow soon thereafter.[/quote wrote:

The following is my own SPECULATION based solely on over 40 years of market observation so DYODD as I know the naysayers will be only glad to do it for you. LOL:

WRT a contiguous property being heavily promoted on FCU's coat tails; a basic "make them sweat" time tested strategy is as follows.
  1. Develop the perimeter (north wall) of the OP reaches FCU's land based property above reference line R1620E. If the OP N & S walls converge in the lake then a link/connector/causeway can continue to the shore. 
  2. Allowances can be be made for an overland conveyor to be installed on this causeway.
  3. A short (low cost shaft) with exploration headings and allowances for 401 style footwall haulage (even improving costs with Vale based Railveyor). (Lurk & Learns looking for Denison non-financial synergies are highly encouraged to DYODD with the study a DML No 1 and No 2 Shaft connectors with drop/transfer chutes, ramp to surface, ore storage bins, connections to an actual "make em sweat" scenario/property is actually included, as is connections to other adjacent properties, and torque to augment secondary recovery of in-situ pounds to agument DML contribution to a "value proposition" analysis, etc). Not even of the analysts radar.
  4. Anyway, I digress, as a person who with hands-on experience in debottlenecking production shortfalls, the proper transportation configuration, a strategically located shaft could be the hub to connect any UG development right up to the boundry with an ETA of 0+10 years hence.
  5. Point being an (eventual) astute manager of FCU's PLS property can safely isolate the play/property that is being promoted purloined/using FCU's success, could still be sitting waiting for a TO bid well into the future as it will be land locked and heavily dependent on the eventual configuraton of Triple R and associated properties.
  6. Present speculative value of said purloiner bears no future in a well concieved, "value proposition" with this being magnified as Triple R concentrates on expanding their own land based R600+++W to the opposite boundary with FUU JV & upside potential. 
  7. IMHO, as R600W potential expands to the west any land based potential north of R1620 E is diminished. All a question of a balance.
  8. When development gets close to the boundary, discussions can then proceed on "our terms"...... thus my tretise for "making them sweat".
BWDIK? 
DYODD - GLAP

Cheers
Stanley

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