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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 Dreaminthedreamon Oct 05, 2019 3:20pm
162 Views
Post# 30200109

Consolidation

Consolidation
FCU is entering a stage of financial desperation. They are running out of money and will need to finance soon.

The Uranium market is awful. No one is excited to put money into Uranium. So where will FCU find money?

My prediction is this. They will consolidate the shares on a 5:1 basis. Then refinance.

Management will continue to enjoy handsome salaries and a substantial benefits package.

Shareholders will continue to endure major pain and frustration.

Consolidations are an admission of failure.

The investing public will avoid FCU like it has the plague.

Bullboard Posts