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

Post by Solveron Oct 05, 2015 10:23am

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Post# 24163055

What is a proxy company? Read the red!

From the definition on E-How of a proxy co.

Quote:

Function

In exchange for a retainer sum and access to company financial information, proxy company consultants write reports with detailed advice about how they believe investors should vote as shareholders of the company. Proxy company consultants provide this service for all major business decisions, from the election of new members to the expansion of a market.

Benefits

Proxy company executives claim that they provide a service to board members that helps them to make sound, responsible business decisions. Stephen M. Davidoff of "The New York Times" notes that proxies claim they serve busy, stressed-out clients who lack the business expertise or time to make profitable decisions on their own.

Criticisms

Proxy companies are not specifically regulated by a branch of government. As such, they are not accountable to any oversight body and must create their own best practice standards.Critics claim that this results in corrupt business practices that undermine the autonomy of client investors.