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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.


TSX:FCU - Post by User

Comment by mrmomoon Jun 26, 2024 8:12am
224 Views
Post# 36106557

RE:RE:RE:RE:Surprised......but NOT surprised!

RE:RE:RE:RE:Surprised......but NOT surprised!SidelineSame wrote:
"If your one of them opressed sh, then ask for an valuation."


Huh??? ....What you talk'in about Willis?

I'm guessing this strange comment was directed at me for some unknown reason, but i fail to see OR understand what the poster is trying to convey here.....soooo.......Please sir......if you want a decent reply to your comment, please clarify your statement with something.....let's say something......something that makes more sense & expand on it further........Because the way it is currently stated/written, i don't know if you're asking/telling me whether to seek the consultation of a Doctor, an Asset manager or Civil Rights Lawyer.....

As for the restof the board here.....i just want to make a few things clear....for the inexperienced investors or those not too knowledgeable in this sector or just generally noobs when it comes to investing matters. For these folks, i just want to clarify some of the smaller details, like the intracies & complexities when it comes matters surrounding M&A.

As i read the posts on this forum, i see that there's been a lot of chatter of this being lowball bid......which of course hasled to a bit of disappointment......and trust me my friends......i do agree & sympatize with you.......to a certain extent 8).......and therefore many folks here "expect" or believe a far superior is due to come......soon. So please.....let me CLARIFY a few things for you good folks....coming from someone who has LOTS of XP not only in THIS sector ....BUT.....generally overallin the markets! So you folks don't get your hopes high......and don't waste your time either.

When it comes to M&A.......and in particular this case with Paladin/Fission......Folks have to realize what TYPE of deal this is.... AND  in addition......what it is NOT. This isn't a hostile TO nor is it an offer that just came out of nowhere out of the blue. But what indeed is....is a MUTUALLY AGREED upon deal....by BOTH parties. Please note the KEY word here...BOTH! Which is cirtiacally important. That means that this was....has been....in dicussion.....in dee negotiations for quite sometime....between BOTH parties.....until they came to a mutally beneficial undestanding & agreement.....on everything....incuding price!

Once you understand this, you'll understand 3 VERY important things. One, there will NOT be a refusal of the offer from Paladin by Fission......for obvious reasons. Two, there will NOT be any increased offer from Paladin from the current offer already given....as well.  Lastly, as this is a MUTUALLY agreed upon deal, the odds of another competing offer being offered or accepted is quite low........EXCEPT for one single caveat......which is the following......below......

If someone has strong enough REASONS & the MOTIVATION to put up a competing offer....a superior against Paladin's bid.....THEN Fission mgmt & BOD has no other choice but to put everything on hold & consider this NEW offer to see if it's in the BEST interestsof their holders......as part of their fiduciary duties towards their s/h!!! Now the question is, does ANYONE have any reason....financially or otherwie.... to OUTBID Paladin? Well, like i previously explained, there's only ONE canadidate......and that's it!!! And that potential White Knight would be no other NexGen themselves. And imo, they have more than ample reason to do so!

So the premise here would be the following. Are Fission's assets a big part of NexGen's future plans? If the answer is YES...then there's a very good chance NexGen puts in a competing bid. But if the answer is NO.........then this deal.....this MUTUALLY agreed upon deal between Paladin & Fission is definitely...... a DONE DEAL! End of story.....and i hope all the laugable speculation on here as well.

GLFolks!




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