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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 > Shake Your Head
View:
Post by wreakhavok on Sep 06, 2024 12:38pm

Shake Your Head

Paladin  $8.33  x  .1076          Implied price for FCU shares, now $.90

With my limited understanding here, this amendment by management means they will take control of the vote, as it appears now that all warrants can be included in the count.  That would flood the count in their favour no doubt.  

I don't think management would want to shoot themselves in the foot.  I  guess we should trust their judgement.  What do you think?

The whole uranium complex has dropped, yet demand will remain at an all-time high.  Selling FCU shares now would be like throwing the baby out with the bath water!  ...way too cheap at .73 with such a classy resource!  Sadly, at  $.73 a share, $.90 looks like a good deal.  Crazy
Comment by Uraniuman308 on Sep 06, 2024 2:07pm
trust management, LMAO!  Who benefits the most from this deal?  Classy resource, LMAO!  Under a lake without First Nations total support and Chinese involvement, good luck with that.  
Comment by wreakhavok on Sep 06, 2024 2:54pm
Quoting from the Haywood Radar Flash report on FCU dated August 26..... "We continue to recommend owning FCU for exposure to PLS, as few uranium projects have been as de-risked. Reiterating our Buy rating and $2.30/share Target.  We continue to view Fission's PLS property as a strong standalone asset." I think they would like to keep the share price low for now,  and if ...more  
Comment by Labow4 on Sep 06, 2024 3:58pm
You are not taking currency into your calculation.  Aussie dollar about .91 CDN.  So 8.33 Paladin Australian price works out to about .82 Cdn
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