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Bullboard - Stock Discussion Forum 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... see more

TSX:FCU - Post Discussion

Fission Uranium Corp > Results Unimpressive
View:
Post by GovernanceQP on Apr 07, 2021 4:26am

Results Unimpressive

Here you go 

https://www.newswire.ca/news-releases/fission-resource-expansion-program-hits-wide-mineralization-in-all-20-holes-874265646.html

A lack of continuity prevails as I see it and not much high grade (if you want to call it that).

No off-scale hits.

Money well spent?????
Comment by DiamondInvestor on Apr 07, 2021 6:11am
13 holes hit significan off-scale, VERY IMPRESSIVE! Definition of off-scale here for you to learn something: https://www.lawinsider.com/dictionary/off-scale
Comment by GovernanceQP on Apr 07, 2021 7:43am
Why didn't FCU make off-scale a headline?
Comment by GovernanceQP on Apr 07, 2021 7:56am
Fission and IsoEnergy both use the RS-125 and IsoEnergy defines off-scale as >65,000 . If you are excited with 10,000 good for you.
Comment by hiram_key on Apr 07, 2021 10:32am
" All twenty holes hit wide mineralization in multiple stacked intervals, with thirteen intercepting significant intervals of >10,000 cps radioactivity." Notice the > symbol that you omitted. Destiny awaits....and the seventies and beyond.
Comment by GovernanceQP on Apr 07, 2021 11:14am
A picture is worth a thousand words. https://twitter.com/nukeinvestor/status/1379782750085976064
Comment by hiram_key on Apr 07, 2021 11:22am
Excellent slide....which shows the true strength which is depth....under 375m....
Comment by GovernanceQP on Apr 07, 2021 11:29am
You forgot about the lake. Plan for complications.
Comment by pommerac on Apr 07, 2021 11:33am
I agree with you.  Can you complete this " a stich in time..........."  It applies.
Comment by GovernanceQP on Apr 07, 2021 11:50am
The big problem for FCU is that they don't have the funds to sort out any of the potential mining issues. My prediction is that this will be the biggest problem for FCU moving forward. I am now starting to suspect that FCU has and will continue to have a great deal of difficulty securing an decent level of financing. This financing issue is separate from these drill results just released which ...more  
Comment by hiram_key on Apr 07, 2021 11:59am
Leave the funds to those with deep pockets......." build it and they will come "
Comment by GovernanceQP on Apr 07, 2021 12:10pm
You need money to build that's the problem for FCU.
Comment by GovernanceQP on Apr 07, 2021 12:20pm
I think these latest drill results would raise a whole new set of concerns for a potential financier. This infill or expansion whatever it is does not look good. This is what I discussed previously on this forum. Now the results are in.
Comment by pommerac on Apr 07, 2021 12:22pm
Seen as you know everything what do you suggest they do?
Comment by GovernanceQP on Apr 07, 2021 12:32pm
I don't think FCU is in a very good position to do anything besides admit defeat and divest Triple R for whatever they can get. I consider Triple R as having no value for FCU now and/or ever. FCU can play semantics but I think FCU has totally lost control of Triple R.
Comment by pommerac on Apr 07, 2021 1:00pm
I see you are your manic phase-get help
Comment by GovernanceQP on Apr 07, 2021 1:26pm
You asked a question and I offered you an answer what do you think is the alternative for FCU? Personally I would be happy to see FCU suffer a prolonged death where it is valued at next to nothing.
Comment by pommerac on Apr 07, 2021 4:41pm
If FCU were to evaporate what would you do Gov?  Who would be your next target?
Comment by mlcb2525 on Apr 07, 2021 4:51pm
You are just a Monday morning quarterback at best (or maybe an okay, Junior Accounting Analyst), but you could not run a corner hot dog stand...................
Comment by GovernanceQP on Apr 07, 2021 5:50pm
I hope you all learned something about "wide mineralisation" today.