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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 CanadianBuckon Apr 09, 2018 1:00pm
213 Views
Post# 27853689

Only One Reason Chang brought in... and not a good one

Only One Reason Chang brought in... and not a good oneChang is a money guy, only one reason he has been brought in and that's to help raise money in an equity/equity related deal.

The company likely  is getting ready to raise money sometime in the next 6-18 months and before they do we probably will see a roll back (probably 1 for 10).

I would bet a roll back will be on next years AGM agenda and an equity raise shortly afterwards.

You can't keep spending money hand over fist on promotional BS without a day of reckoning
coming.They cut back spending on the drilling program and left salaries,perks,travel and promotion the same???!
Bullboard Posts