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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 Co2Harveston Apr 17, 2020 7:39am
130 Views
Post# 30920565

RE:RE:RE:RE:RE:CGN is not a Charity

RE:RE:RE:RE:RE:CGN is not a CharityOW, I hold some FCU shares and while I'm not always a fan of your approach, you are making sense to me in this thread. I have learned that holding on to idealistic views can shrink wealth in a rather large and painful way. Even though your thoughts may seem like bashing to some, it would serve us all well to set aside any knee-jerk emotional reactions we have, take your message for what it is and consider the possibility that you may be absolutely right. I think that FCU is in a very challenging position. We can all choose whether we are idealists or realists but I would urge all of us to at least consider a realist's viewpoint before assuming that it's just bashing. From my own experience, had I taken the realists of my past more seriously, I would have more money, today.
OVERWATCH wrote: Perhaps those interested should ask Randhawa a very simple question - does he (Randhawa) in retrospect now have concerns that Fission has created a threat to Fission's very existence due to the offtake agreement that Fission has done with CGN and if so is CGN the only people that can essentially exitinguish this threat (reasons outlined below) if they so choose?

If the answer is yes then CGN "owns" Fission.

With regard to the Sprott thing Fission has now just made things a little more complicated for Fission. 

Fission has bought themself some time at a very big cost and then what?

Unfortunately for Fission the success of their project has now shifted towards the state of the spot price which is an uncertainty that Fission has no control over and the very simple fact that spot prices could move very quickly in any direction at any stage in any market is an uncertainty that I think will cause issues with financing on the scale that is ultimately required. Who is going to take on that sort of risk?

If anyone wants to contact me they can email me at

overwatch9085@gmail.com

even if people just want to take the time to insult me on a more personal level LoL


Bullboard Posts