Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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 teeveeon Sep 22, 2015 11:27am

104 Views

Post# 24125109

RE:RE:RE:Re Re vote

This has to be one of the best examples of cognitive dissonance I have ever seen:-)

Gigantapithic wrote: Sorry that was a long winded way of saying one (not me) can not trust managment anymore but stay invested because there's still significant upside.

If I didn't trust managment I'd still ride this out as even a bad deal shouldn't completely sink the best U asset in the world. Shareholders should be able to exit at some point in the next 24 months at SUBSTANTIALLY higher prices than today. So trust management or not, I honestly believe it's better to hang on than dump now.

Gigantapithic wrote: Because a decent market will float most boats. Should the U market turn FCU (even diluted with DML) would be a strong company in due course. I'm not on the side of management being not trusted, I think they honestly are doing what they believe is best for the company/asset/shareholders with a bit of unavoidable bias towards the benefits they will reap. I just don't like the deal for the short term and that's my investment timeline for FCU. I bought FIS for exposure to the opposite side of HAT's deposit and ended up with PLS (like all of us) out of complete luck. So here I stuck, watching the amazing discovery unfold and enjoying the ride with an end target of PLS being proven, sold, cashed out. We're being asked to sign on for a longer ride with what is said to be less risk and potentially a better outcome. That's really all it comes down to.

I don't agree with the timeline nor the assets we're being merged with / management does. There's hardly been any fraud, tricks, deceit, etc.

Remains to be seen if something comes out to surprise everyone (another offer) before the transaction closes. I doubt it will. But there could be reason why we're sitting here in addition to a horrible market. DML trading down to 55 cents is amazing. Never thought we'd see that. The fact that an analyst wondered why it was done with the PEA 8 weeks away shows that not all of us are wrong.

I have yet to see any mail arrive. Actually dreading it as it's going to be a lot of paper x4 accounts. What a waste haha.

toriddog wrote: I will never ever understand shareholders who don't trust management and still own shares. Totally irrational. Unregistered shares and lack of any interest in voting , same old story this deal will not be voted down . Dev will know all the numbers and have enough shares locked up. Contrary to comments on this board FCU management are no dummies and have a long record of sucess in the exploration space