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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.


TSX:FCU - Post by User

Bullboard Posts
Comment by Campinon Aug 23, 2013 10:31am
252 Views
Post# 21692487

RE:Fukushima

RE:FukushimaLook Fukushima is a concern but not as big as some people are making it out to be, i don't think people are going to start deferring there nuclear programs because Tepco is incompetent and honestly the spot price is so low I don't think we are in danger of seeing it fall much lower... 

However the concern is that one of the catalysts for the uranium price moving up everyone has been talking about is Japan starting their reactors and I think Tepco has hurt this, as if they can't win the peoples confidence it will be a lot harder for Abe to power them up.... This being said I think all of this only has minor impact on us here and only a minor dely on the eventual upwards movement on the spot price as Japan has to start those reactors.  It is just too expensive to keep importing it from China and really do they wanna be dependant on China for thir energy needs considering Chinas most recent behaviour in the south china sea?  
Bullboard Posts