Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 conscience1on Sep 09, 2015 8:27pm
133 Views
Post# 24091067

RE:Merger a low ball bid in disguise

RE:Merger a low ball bid in disguise For sure.  And there are No voters of different stripes; don't let some posters try to lump all of us together as Dev-hating irrationals.  I'm a No voter who wants fair value for my share of this world-class find.  End of story. 

So again I say to the Yes side: a Yes vote marries us to the terms of the merger agreement; they were marginal in July and grossly asymmetric now.  (No rational FCU shareholder should support it as written, unless they own a greater dollar value of DML.) 

I think this has been quakes99's line all along, but it gets skewed and warped by personal attacks that are unnecessary and frankly, embarassing to read sometimes.

So sharpen a new pencil and after a successful No vote, come up with a realistic offer BOTH sides can live with. A lot better than 1.26!  A No result isn't the end of the game, but a Yes vote is a significant devaluation of RRR and chains us at a lowball valuation.  Fail!.  Ross, are you listening?

I don't have any problem with Dev staying on, assuming that he'll learn from a No vote.  Ross, for his part, is integral to RRR. They were made for each other and only he can/should see the exploration to its conclusion. He deserves to.

As for suggestions that all No voters are paid bashers with no skin in FCU: Balderdash!  Hogwash!
Bullboard Posts