RE:RE:RE:RE:Buying FissionYou should be singing to the heavens, being thankful for such competent management. Why do you think the stock price is as high as it is? It is good management and their ability to sell the PLS project, and good managment doesn't come cheap-it requires high salaries and benefits, executive class travel, expenses and hotels, plus fees for services over and above those covered by accepted duties. All of that to keep FCU front and centre and to make prospective new shareholders aware of FCU and its PLS project. You just have to accept that management will have made millions whether the company succeeds or not. With any luck, the next financing will be a rights offering, and you will have an opportunity to buy even more FCU shares.
Dreaminthedream wrote: Dazzle58 wrote: "FCU has turned out to be a huge disappointment. And I think a lot has to do with management."
Yes it does have a lot to do with management. Management lined up several times at the trough in the early days. And Dev's merger deal with DML was the straw that broke the camel's back. It was a fiasco from day one and FCU has never recovered.
NXE managed their discovery in a much more solid way and shareholders actually did see increased shareholder value.
FCU management has done very well for itself with generous salaries and option packages. In addition, they traveled a great deal and enjoyed fine times on the backs of FCU shareholders.
While all this was going on, Quakes (Rover) was busy on this board downplaying all the issues that bothered the market. Investors avoided FCU in spite of his daily heavy duty promoting.
Quakes was in a constant battle with reality. It is a shame that some posters on here bought into his never ending pumping.
How is that working out for you?
$.63 today. If oil drops to $40 or less, FCU will drop below $.50.