Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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.

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Fission Uranium Corp > Whatzz Goin' On?

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Post by wreakhavokon Aug 30, 2024 1:40pm

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Post# 36203095

Whatzz Goin' On?

Trying to make sense of the madness...

Right now, the deal made by the 2 companies on or about June 24th was tied to the Paladin stock price. It seemed good to management when the stock was priced at $13.00. $1.30 per FCU stock seemed not too bad.

Presently, PDN has drifted all the way down to $9.79. What does that mean? ( $9.79 x .1076 equals
$1.05) So instead of the expected $1.30 per FCU share, now it would only be about $1.05 per share.

FCU stockholders may be doing management a favor by rejecting the deal. Is that the way you see it?

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