Tisdale Clean Energy Corp C.TCEC

TCEC is a "Strong BUY" with "Extraordinarily Bullish" Setup

[MarketMakerss]

"Not only is the setup extraordinarily bullish, as we will see, but it will "have the wind at its back" going forward because the company is in a strong growth sector — uranium — and it has a very low number of shares in issue, understood now to be approximately 22 million and of these, only about 6 million are in the float, and so if this stock attracts more attention from the investing public, it is clear that its upside potential from here is great."

Detailing its bullish setup, Tisdale Clean Energy (TCEC.c TCEFF) was rated a Strong Buy for all timeframes by a Technical Analyst from Streetwise Reports, highlighting its huge upside volume over the past weeks and potential to have broken out of the Cup & Handle base: https://www.streetwisereports.com/article/2024/01/30/uranium-stock-gearing-up-for-major-bull-run.html

 

Factoring in TCEC's position in a growth sector with only 22 million shares and a tiny float of 6 million shares, there is a significant opportunity for huge gains here; further strengthened by CEO Alexander Klenman's confidence and substantial level of insider buying, adding 692,000 shares in open market buys to his position.

South Falcon East Property

Set to commence an exploration program at the South Falcon East Property in early 2024, TCEC TCEC is aiming to confirm and expand the existing mineralization associated with the Fraser Lakes B Uranium Deposit.

 

With the opportunity to build significant value at the project, TCEC believes it can increase both the size and overall grade of the asset, as supported by the substantial level of insider buying on the open market as of late.

 

Spanning over 12,200ha in the southeast portion of the Athabasca Basin, in close proximity to two all-weather northern highways and grid power, TCEC a 75% interest in the de-risked South Falcon East Property.

 

With exceptional potential including resource expansion potential along strike and at depth at the Fraser Lake Zone B uranium deposit, a 6km by 7km target area, the Project shows distinct similarities to high grade, basement-hosted deposits in the Athabasca Basin such as Eagle Point, Millennium, P-Patch and Roughrider.

 

Notably, the Athabasca Basin is home to the world's highest grade uranium deposits, providing more than 20% of the global supply of uranium.

 

For more information, refer to TCEC's website & corporate presentation: https://www.tisdalecleanenergy.com/presentation

 

Posted on Behalf of Tisdale Clean Energy Corp.