Actual performance may differ significantly from backtested performance.
Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations.
This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results.
President and CEO for Fission Uranium Corp., a Qualified Person.Disclaimer: The TipRanks Smart Score performance is based on backtested results. The technical information in this website has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed on behalf of the company by Ross McElroy, P.Geol.
FISSION URANIUM STOCK GUMSHOE PROFESSIONAL
McElroy received a Bachelor's Degree in Science, with a Specialization in Geology from the University of Alberta in 1987 and is a registered professional geologist in Saskatchewan, British Columbia and Nunavut/Northwest Territories. McElroy assumed the role of CEO in September 2020. He headed up the technical team that made the discovery at Waterbury Lake, SK and Fission Uranium Corp.'s Triple R deposit at its PLS project. team as President, COO and Chief Geologist. McElroy was a key part of the hugely successful Fission Energy Corp. He was a member of the early stage discovery team of the giant MacArthur River uranium deposit. McElroy has held senior technical and executive positions with both major and junior mining companies, which include BHP Billiton, Cogema Canada, and Cameco. He has comprehensive experience with working and managing many types of mineral projects from the grass roots exploration to feasibility and production. He is the winner of the 2014 PDAC Bill Dennis award for exploration success and the Northern Miner 'Mining Person of the Year'. McElroy is a professional geologist with over 35 years of experience in the mining industry.
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