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Fission Uranium Corp
Symbol FCU
Shares Issued 363,067,460
Close 2014-10-22 C$ 0.88
Market Cap C$ 319,499,365
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Fission may see Northern Miner added to defamation case

2014-10-23 12:13 ET - Street Wire

Also Street Wire (C-GVC) Glacier Media Inc

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by Mike Caswell

Geologist Jody Dahrouge has filed an application in the Supreme Court of British Columbia seeking to include the Northern Miner's owner as a defendant in a defamation lawsuit. He claims that the publication printed an attack on his character that, among other things, meant that he was incapable of managing an exploration project. It then refused to apologize or entirely remove the passage, Mr. Dahrouge complains.

Mr. Dahrouge's application comes as part of a defamation lawsuit he filed earlier this year against Fission Uranium Corp. and its chief executive officer, Dev Randhawa. The suit complained about quotes that the Northern Miner attributed to Mr. Randhawa in its Jan. 7, 2014, edition. Among other things, the quotes stated that Mr. Dahrouge had spent $9-million on one project without drilling a single hole and said he was "insane." The comments left readers with the impression that Mr. Dahrouge, a professional geologist, was an unfit director and could not manage an exploration project, the suit stated.

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To be fair to Mr. Dahrouge....90% of the juniors are run like that and when the accounting is said and done....it is insane! Or should I say was? Because investors and brokers have finally woken up and money is not flowing into these poorly managed projects.

Posted by shoes at 2014-10-23 16:53

I can't believe anyone with credentials would say this unless he was a great exaggerator...

Another “mystery,” Dahrouge says, was found about 20 years ago at Sturgeon Lake near Prince Albert, “a large, rafted block of kimberlite that measured 100 by 200 metres in diameter—clearly a pipe that was eroded and transported a great distance. Could this have been transported from that Pikoo region?”

http://resourceclips.com/2014/06/05/canadian-kimberlite-delights/2/

Posted by Donny Brasco at 2014-10-24 14:18

Hey Shawn if that kimberlite didnt come from Pikoo where then? Sell your ground yet/

http://resourceclips.com/2014/06/05/canadian-kimberlite-delights/2/

Posted by Lucky Nick at 2014-10-24 21:27

http://www.courts.gov.bc.ca/jdb-txt/SC/14/12/2014BCSC1214.htm

249] I am unable to conclude from the evidence that Uranium’s failure to disclose its agreement to the Uranium-3.0 assignment was inadvertent. Uranium remained silent and conducted itself as if it had not agreed on September 17, 2013 to the Uranium-3.0 assignment. As a result of Uranium’s failure to promptly disclose the Uranium-3.0 assignment or take any course of action in that regard, the injunction hearing set for a full court day on December 5, 2013 had to be rescheduled. The plaintiffs did not suggest that the details of Uranium’s plan of arrangement with Alpha, and specifically the fact that it included the Uranium-3.0 assignment, were confidential and could not be disclosed. As indicated above, they advanced no explanation in their submissions and led no evidence in this regard. However, even if the Uranium-3.0 assignment somehow could not be publically disclosed, there remained other courses of action available to Uranium than the one it took.

Posted by The Truth at 2014-10-24 23:10

Looks like Denison is getting added to the litigation by LLoyds. Something Stockwatch will never publish, given their desire to chose sides (and make one look bad) in this fight.

Posted by TheTruth at 2015-01-19 14:35


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