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

Bullboard Posts

Comment by BobbiOreon Sep 26, 2015 11:30am

138 Views

Post# 24138051

RE:RE:RE:RE:RE:RE:RE:RE:Looking forward

Fission was promoted by management as a single asset company that would be taken out anywhere from $1.40 to $3.00 depending on the past promotion one listens too. Almost all investors bought the stock based on that information. But now management decided (rightly or wrongly) a deal to merge with Denison, which was not in the best interest of or aligned with Fission's 'shareholders'. The market has obviously spoken to that.

Going forward, we need a completely different management group focused on developing the asset to the point where it is purchased solely for the PLS property. Past history (Hathor) has told us this is the best way to maximize shareholder value. What are those Hathor boys doing for the next 2-3 years anyway?

MissingA9 wrote:
easy boys - as much as Dev requires a kick in the A$$ for what he did any more public shaming just hurts the stock more. Perhaps a special shareholder meeting where shareholders can bring their old
fraternity paddles to reinitiate Dev into the FCU club after his temporary loss of allegiance lol.

kidding - but the thought is pretty amusing lol

In all seriousness however I believe that both companies need to mutually call off this fiasco with no break fee as it is going to destroy both stocks if this continues much longer. The ensuing flight by institutions (wall street walk) which is beginning to accelerate is going to decimate the share prices of both companies and will take years to rebuild the institutional following that these companies once had. No self respecting risk manager will allow their institution to vote in favor of this merger and to not alienate them from FCU/DML they will just dump their holdings instead of voting to help effect change (institutions don't like getting involved in such things). So if we can trust those preliminary vote numbers, I suspect this thing might be called off next week. Get your no votes in ASAP to make this happen as prolonging this situation is just going to drive both stocks lower and result in a loss of our institutional following.