OTCPK:EXSFF - Post by User
Post by
Brillo2on Jun 16, 2016 5:28pm
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Post# 24972574
Something Borrowed....
Something Borrowed....This was borrowed from Quakes 99 of the FCU board.... Not an FCU Advertisement ..."Insert Teck"
https://www.stockhouse.com/companies/bullboard/t.fcu/fission-uranium-corp-/1?postid=24971705
Leveraging the Due Diligence of a Strategic Partner
This morning I attended the Sprott USA Webinar on the Project Generator model for investing in mineral exploration, and one of the key take-aways from the presentation was that, from an investor's perspective, when a major player enters into a joint partnership on a specific project they are bringing to bear all their expertise and resources to conduct due diligence on behalf of other investors in the junior explorer.
Major players in the mining industry have earth scientists and engineers on staff that have extensive expertise and experience in assessing project viability when conducting due diligence. Their signing on to a partnership or strategic investment is a clear sign that extensive due diligence has been done that supports the strength of the project, so other investors in the project are getting the benefit of that due diligence to reduce their own investment risk.
That theme plays directly into the Strategic Investment by CGN into Fission. Backed by one of the largest nuclear builders in the world, CGN Mining threw all their expertise and resources at PLS and after exhaustive due diligence decided to go ahead and purchase a 19.9% stake in the company at a huge premium to the market. Chinese investors are renowned for their intensive due diligence, so CGN's decision to make a direct investment shows that they truly believe in the value and viability of the PLS project.
Bodes well for investors in Fission, imho.
Good luck with your own due diligence.
Cheers!
PS. Sprott say that they will be putting up an archive of the Project Generator webinar in the future, so I will post that when it becomes available. An interesting presentation that provides insights into why Fission 3.0 has taken the Project Generator route.
Read more at https://www.stockhouse.com/companies/bullboard/t.fcu/fission-uranium-corp#CIf5Z4w82TOQooFM.99