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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Metals & Mining Industrial Metals & Minerals
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

Fission Uranium Corp
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Comment by Wisdomwithageon Feb 22, 2019 7:00pm
55 Views
Post# 29402550

RE:Denison Deal

RE:Denison Deal
Bull4u2 wrote: I think the denison, fission deal would have given fission shareholders 1.26 denison shares for every fcu share.
It looks like it would have been good for fcu shareholders right now. 


I agree with you Bull.  I had both DML and FCU at the time of the proposed merger.  When the shareholders of FCU rejected the deal I couldn't believe it, and quickly unloaded my FCU position between 1.28 and 1.17.  However I did keep my DML position, and have added to it in the .60 - .75 range. We'll see DML above CDN$1 this year

For FCU it's a different story.  A bloated float, and still growing, plus totally useless management. I foresee FCU drifting steadily lower, and ending in a rollback, maybe 1:2.5.  Now watch the flak I get for this prediction.

I keep FCU on my watch list, along with about 20 other stocks. 

Cheers
Bullboard Posts
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