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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 Mar 16, 2016 10:52am
97 Views
Post# 24664417

RE:Timing the Market vs Time in The Market

RE:Timing the Market vs Time in The MarketStanley

SRK likely would not put any of the reources into the indicated for the Maiden resource, and were defining the requirements to do so. 

So they got fired and NXE hired RPA, the same firm that did FCU 43-101 initial resource and PEA, and same firm that all the bashers said could not be trusted and didn't know what they were doing.

Now heres the neat thing, RPA wouldn't put any of the inferred resources into the indicated either.

The hiring of RPA by NXE poses a serious problem for the bashers who were bashing RPA, as RPA now likely the firm that does various consulting for various potential takeover scenarios on how a combined NXE, FCU and likely Shea Creek works.

Hve you noticed, there has been no bashing of RPA by the bashers lately? Quite amusing.

Yes short term vs long term puzzles, but unknown to most is a lot of studies and various scenarios now being considered.


Both NXE and FCU well cashed up for 2 years, longer for FCU and the potential takeover consortium(s), notice the pluralization, quite content to let NXE and FCU use others money in what I consider to be a marvelous competition of who can drill off the largest most economically attractive resource, which in the end can be combined for an even larger overall total economic return.

We can expect the analysts to start front running the combined project idea shortly, but I would not expect any firming up of the takeover until mid to late 2017, at which time I would expect each of FCU and NXE to be taken out separately by the same consortium.

Will be quite frustrating I think for the day traders and bashers to get much out of their daytrading carreer as both of NXE and FCU  will likley follow the uranium price which isn't exactly in a upward spiral at the moment. But that will start to change later this year.



stanley wrote: Lurk & Learns:

Probably one of the foundations of successful investing is summarized by the following TIME TESTED FACT.


Timing the Market vs Time in The Market

This FACT is for LONG TERM investors only.

Traders on the other hand are on a short time line/horizon/frame and use charts (which do not always work for junior speculatives) and more recently have resorted to bashing in order to advance their objectives.

I have put most of those that I suspect are bashers on ignore. But alas, this respite is being obvaited by those who continue to quote them. Which is what the bashers welcome in order to by-pass/circumvent their ignore status.

Bottom line is a successful investor is willing to discover the fundamentals of a good stock and spend the time required to see those fundamentals actualize. While the (pair) traders could be using unrelenting bashing to induce new investors to sell their shares.

Further to Quakes99's observations, does anyone see who are supporting the retreating Dog RIver PPS while Anonymous (? smart money) is heading for the exits. Could we have potential underwriters lining up for a bone?

Lurk & Learns should choose instead to learn about what the CNSC c\would say; based on other uranium jurisdictions. That is, if you want to make your decisions based on the facts.

In a recent CC, Dog River appeared to be favouring postpoing the PEA, choosing instead to go straight to a FS in about 2 years. Then in the US it takes a BFS b4 they can get a listing. I'm speculating that they're looking to buy time while the spot price inflects towards the historical 5 year rolling average.

Someone mining the shareholders pockets? i.e. deferring the HUGE infill drill costs while waiting for a buyer with deep pockets. Fission's PEA proves that PLS is non-recourse and MAY be in production LONG b4 Dog River's INFERRED starts getting infilled and reporting to NI 43-101 standards.

Meanwhile, Fission can go to production with CGN's help leaving Dog River to wait for a buyer( I call it the make m sweat option).

The connundrum for Dog River being better illustrated in a sensitivity to financing the ever increasing increasing 2I drill cost in the face of PPS decrease. 

Can someone explain why they switched from SRK ? What issues did SRK have as alluded to in the CC?

FWIW

DYODD GLAP

Cheers
Stanley


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