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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

Comment by GovernanceQPon May 15, 2021 5:37pm
177 Views
Post# 33210439

RE:RE:RE:RE:RE:RE:RE:RE:#uranium

RE:RE:RE:RE:RE:RE:RE:RE:#uraniumWhen Ross was asked the CGN question the very first thing he did was to readjust how he was sitting. His involuntary reaction indicates to me that the CGN subject matter is possibly a sensitive one for him. There is also a possibility that Ross has been coached as to how to deal with any CGN questions and his readjustment in his seat was a sort of preparing to go into battle with respect to the question. Ross put the emphasis on stating more than once that CGN is a supporter of the project but he did not say that CGN is a supporter of FCU. Taking note of details like this is important and in the past I correctly called out a company for statements they made with regard to how they were being supported and not being supported in a somewhat similar situation to what I think FCU is facing. In the other company's situation their parent company name had the same first part as their subsidiary company's name that was in the contracts and when asked questions they only used the first name which was a critical lack of detail with respect to the questions being asked. My suspicions with regard to how they were answering questions and how they were being supported and not supported ultimately proved correct and they were originally denying what I was suspecting. At the end of the day at this point in time CGN is not stepping up to support FCU in advancing this project financially beyond the initial CGN investment in FCU and this appears not to be a good situation for FCU.
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