Fission Uranium Corp T.FCU

Oops category

[Dreaminthedream]

Remember Rio Tinto's purchase of Hathor back in 2011. Rio Tinto is still kicking its own butt over that faux pas.

Well CGN is giving signals that its connection to FCU was also a faux pas. CGN failed to mention FCU in its report, suggesting that its $82 million investment was a mistake too. There likely has been some discord between CGN and Dev/Ross over the years.

To be truthful, it looks like any investment in FCU was a mistake, right from day one. Just ask any shareholder who bought in at $1.00+ per share. But not everyone has felt pain. Dev and the management team had handsome salaries from day 1. Plus all those fun conventions and conferences. Can you say "trough"?

[GovernanceQP]

One of the big mistakes surrounding the Hathor acquisition is that there was an expectation that the resource would grow in size and it didn't. This is relevant to FCU because there has been this nonsense floating around that FCU doesn't need to do anymore drilling not necessarily to grow the resource but there will always be uncertainty surrounding the continuity of the deposits

[pommerac]

So why are you blabbing constantly about it?  

[GovernanceQP]

For starters why don't you be specific with regard to who you are asking for me I have a genuine interest in economic geology and I enjoy looking at how various projects are developed.