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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 CanadaBckon Jan 15, 2019 1:45pm
70 Views
Post# 29234816

RE:RE:Wonder why?

RE:RE:Wonder why?It's too bad your Mom didn't practice safe $ex 308. You and  Dreamer were big big mistakes for this world! Have you ever accomplished anything at all?

Uraniuman308 wrote: Excellent points Dreamer and well written.  The change in control provision enacted by management 
shows the only way to make money with FCU is to draw a rediculous salary and prevent anyone from relplacing you - without an equally rediculous payout.  FCU management will never give up the golden goose even if it is in the best interest to shareholders.  Their ownership is a smoke screen, most acquired through favourable options.  The real money is the huge salary they have drawn and will continue to draw each year...JMO

Dreaminthedream wrote:
For those of you who are expecting to see FCU become a winner. Have you never wondered why FCU is trading at $.56?

There are a number of reasons. Here are some.

1. Manageent. Dev just not inspire confidence or repect. He is seen as a self serving "what can I do for me" kind of guy.

2. The PFS was delayed. Although it may not be a common place event, it hurts companies like FCU, who seem to make a practice of missing timelines.

3. The Uranium industry is still in trouble. The rise in spot price has fizzled. It needs to double to generate any kind of serious interest.  The futures market shows absolutely NO SIGN of any bull.

4. The future shortage in Uranium is greatly exaggerated. If there is going to be a shortage, It is a LONG ways off.

5. Should an increase in demand for Uranium suddenly appear, it will not take long for current production to ramp up and meet that demand.

6. If anyone was interested in FCU, they would have made a move to acquire it by now. Now some of you will argue with me on that. But let's get serious. If a major wanted FCU, why would they not be doing a take over bid at $.55? Do you think they are waiting for the price to go up so they can pay more?

7. The truth is this. NO ONE WANTS FCU AND NO ONE NEEDS IT.

8. FCU has been a heavily promoted stock. Quakes and his gang have tried to create an articical world where uranium is in short supply and demand is swamping the market. It is sad to see so many investors get sucked in by his campaign.
Experienced investors avoid heavily promoted stocks.

9.The promotion on Twitter is intense. So many posters there with highly biased messages. Quakes often displays a graph of the Uranium price trend. The graphs are incorrect after a couple of weeks and he posts a new one showing a new trend. Again it becomes "off the mark" and a new graph gets posted. Anyone who watches this kind of activity gets suspicious and marks down "AVOID" beside FCU.

10. The biggest issue with FCU is its cash position. FCU needs money and that is the scariest of all concerns.  With a share price at $.56 and a spot price at $28.90, FCU is in a lousy bargaining position. It may have to give up another 20% of the deposit. Share consolidation may also be involved. Investors who have experienced a share consolidation shudder wildly just at the mention of it.

11. FCU trades at $.56 for a reason. The market knows a lot more than the people who own the stock.




 




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