Reply to Uraniuman308uraniuman308 wrote:
"A financing SOON! Just another "lifestyle" play."
Agreed that a financing will most likely come soon, probably one of the reason the stock ran aside from the drilling results, BUT disagree COMPLETELY this being labeled as a "lifestyle" stock & company. I don't believe for one moment that these guys set up this company just to profit from selling shares to investors, using the company as a credit card without any intention to buildout something.I think there's a sincere "intent: to make something out of the company here, and as some have mentioned, this is a spinoff from an even bigger sucess story and almost the same folks backing it. So no, i don't think this is a "lifestyle" stock or company at all. But there's definitely many on the Canaidan venture exchanges like the VSE & CSE that fit that bill, and investors have to be VERY mindful not to step on those dangerous minefields.
You can usually tell which are "lifestyle" stocks and which aren't, as there are specific signs & red flags they put out. A few of them being the constant changing of business direction or pivots and never building anything meaningful with time. And of course always using the company coffers as a big piggy bank to enrich themsleves. I don't see any of that here and never have.
As mentioned before, i consider Fission 3.0 along with Standard uranium & another as the three best microcaps in the sector. Fission has made its first significant move based on solid drilling results and i 'm hoping my investment in Standard will do the same, in the same fashion. Both are rock solid in terms of microcaps. Risky but the potential is there for massive returns if they play their cards right, are well managed & with some luck of course. The risk/reward here on both is very attactive, even mofre so for FUU with those fantastic resutls........they just need money now to continue the success!
GLTA