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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 Bigdepositon Nov 13, 2019 6:42pm
72 Views
Post# 30347823

RE:RE:Just a Matter of Time

RE:RE:Just a Matter of TimeBULLSH!T. You own zero shares in FCU.

Uraniuman308 wrote:

I am a large shareholder and yes, I feel this company could do better with a management change.  Let's review the facts;  80plus million and 20% of the company gone only to change strategy from open pit to UG - we are now back to square one with a float of 500m plus shares and and a share price at pre discovery levels.  We are now committed to sell to CGN a significant proportion of production to CGN at a discount to the spot price which could be below the cost of production (look to Cameco to see how that works).  Millions kicked back to FUU for what - moose pasture and funding of FUU management salaries of which Dev and Ross are a part of.  Involvement in multiple companies and Ross' staking land for personal benefit while employed by FCU.  Exorbitant salaries disproportionate to performance.  If you are pleased with this performance fine - I feel we could and do deserve better.  Management works for us, not the other way around.  Dev should at least walk away as chairman of the board where there is a definite conflict of interest in fudiciary discussions ie salaries.  JMO

 

Bigdeposit wrote: We continually see the bashers posting on this board. For what purpose? If you don't like FCU and the management, sell and move on. Many of these posters have zero shares of Fission and their only purpose is to post anything negative going back years. Kinda reminds me of a sociopath.
Time to move on bashers. Fission still has lots of money in the bank. More than enough to weather another year of low prices.
What is never talked about here is the fact that they have one of the best U discoveries in the world. Let's talk a little more about that and the economics of it. The whole nuclear sector is alive and well. Uranium is going to have it's time.

 

 



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