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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
Post by Solveron Apr 30, 2017 12:07pm
435 Views
Post# 26184397

Time for a change?

Time for a change?From FUU news release 2017-04-27: Non-brokered private placement: quote: Insiders: Devinder Randhawa, 1,425,000; Ross McElroy, 575,000; and Fission Uranium Corp., 5,170,410 About million plus $25,000 Finders fees gone from FCU coffers..again! Looks like we are buying Moose Pasture shares again?? FUU has produced nothing to date! Another brilliant management move to increase our share valuenot in my opinion! I guess funds have to come from somewhere to keep FUU salaries going. Although a long term holder, I am very disappointed with the performance of stagnated FCU shares. We have an ore body (as close to perfect as can be found) with shallow depth, excellent grades and a super PEA. Close to infra-structurein other word an ideal venture in almost all respects. And there is a lot more to come in added lbs U3O8. Personally I expect closer to 200+ million lbs. I am very pleased with the exploration side of FCU. What is the weak-point in this investment? You can point to spot prices and CCO downfall, excess of shares, and other factors etc. for some of the slump. Bashers and pumpers do not have any significant effect except to show their real ignorance of this significant ore body! Since the ore body (obviously still to be expanded) is so ideal, the remaining negative factor influencing share price down, would have to be a lack of trust and ability in leadership.. by deduction. How many real share-holders are happy with this stocks performance (besides Quakes and his undying support for management) not this one. For the most part Quakes post are informative, accurate and spot on, a good read and educational; but I respectively disagree with his view/slant on management. Gut feeling.....something is amiss in the background! Time for a change?
Bullboard Posts