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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 Banner60on Nov 20, 2015 12:58pm
71 Views
Post# 24309818

RE:RE:what the dissident board might be able to bring?

RE:RE:what the dissident board might be able to bring?No Negotiations are needed!! It sounds to me like OS can not even come up with the funding to put out an information circular. Why would FCU negotiate anything with the way this whole proxy fight came about.  Very shady way to do things. Its certainly not a group I want on the board.
What a joke.

MissingA9 wrote: that sounds lovely :)

I hope that if FCUO and FCU management meet and come to a compromise say next Tuesday (hypothetucally speaking of course) - and say FCU management grants a few board seats to satisfy dissident shareholders (hypothetucally speaking of course) that we can still maintaine relationships with the other 3 folks Jim proposed becuase thus is the sort of new blood/fresh ideas that thinking outside of the box can lead to.  Having tunnel vision and doing things the only way you know how sometimes leads one to miss opportunities.  I think this FCUO group was actually a great thing for FCU and when a compromise is reached next week (hypothetucally speaking of course) I think the company will be in a better place for going through this exercise (hypothetucally speaking of course).  Looking forward to having everyone on the same page soon (hypothetucally speaking of course)


teevee wrote: Given the connections, perhaps Rosatom could co-fund Areva to earn into PLS by funding through to production for "x" interest, selling production at spot to Areva and Rosatom? Areva can operate in Canada and has the know how to continue exploring, conducting pre feasilbilty studies and development.  I know the Howe and Bay Street 'ho's would hate a deal like this but many shareholders would probably love it, even though it wouldn't provide an immediate  "liquidity event".  




Bullboard Posts