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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 > CGN invested $82 million cad in CCU
View:
Post by Reachme on Oct 26, 2022 7:45pm

CGN invested $82 million cad in CCU

CGN Mining owning approximately 96 million shares at $ .85 cad a share...FCU share price will double before year end
Comment by Reachme on Oct 26, 2022 7:46pm
CGN invested $82 million cad in FCU
Comment by Uraniuman308 on Oct 26, 2022 8:17pm
conveniently leaving out details, again!  How long ago was that?  That money was to fund the FIRST FS and is long gone!  As part of that CGN has a right to purchase up to 35% of future production at a discount to spot - which may be below the cost of production.  CGN is not obligated to share in any development costs and has let their share ownership fall below the subscribed ...more  
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