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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 sudzie191on Oct 13, 2015 1:33pm
231 Views
Post# 24187446

RE:RE:RE:FCU sell, hold or buy

RE:RE:RE:FCU sell, hold or buySued by DML - not very likely as its my understanding that DML arranged the Town Hall meeting and allowed the focus to be on complaining about the deal.

Money bags Lundin could have stood up, and said with zest, just to show everyone how excited I am about this, I am giving the merged company $50 million for development of the combined assets.

Nothing of the sort tho, and thus why organize a negative  session just before the vote?

If folks in doubt and nothing positive, wha t the sam 'ell did they expect to be outcome of the meeting? Dev had already bought his plane ticket to CHina, and had to run to catch the plane after the meeting. What kind of vibe is that?





aristoenigma wrote: Hard to say. I hope FCU does not get sued by DML for doing less than what was needed to get  two thirds on side. Not that I would think this has merit  and tough to argue without backroom memoes etc. but the Europeans are old hands at forcing the issue and this might add leverage to try to force a renegotiation.

Bottom line is the focus is off the asset and now on management. Warren Buffet said it best when saying he'd rather but a B asset with an A team than an A asset with a B team.


Bullboard Posts