Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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

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Post by Reddaleon Sep 24, 2015 8:17pm

236 Views

Post# 24133784

No damn way

Guys,

this stinks :

1) compensation for Dev & Ross is crazy and gets better at lower FCU share price

2) new board composition gets rid of mining expertise if favour of promoters

3) conversion ratio is way to low; I would think about it at greater than 3:1

I bought FCU on Dev's promo promise of selling a great exploration find not developing it and waiting a decade to realize share value.

No to an all way round bad deal.

Red

Red

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