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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
Post by infocountson Dec 19, 2013 8:26am
309 Views
Post# 22021562

UIN: 2014 will be the year if uranium

UIN: 2014 will be the year if uraniumUranium Investing News article:

Good cruuent commentary on the uranium market looking into the new year, from some of the more prominent talking heads in the field. Worth reading, especially for folks new to the board or uranium investing generally.

Here's a sample excerpt with a link to the full article below: 

What can we expect for prices? 
 
When the ball finally starts rolling for uranium, Rob Chang, an analyst at Cantor Fitzgerald, expects a significant and dramatic move in prices.
 
Based on the firm’s current supply and demand model, “[w]e see that by 2019 there’s going to be a unavoidable supply deficit that won’t be covered by that point,” Chang said, adding, “[y]ou’re going to have deficits during that period no matter how you start.”
 
Chang does not expect there to be enough uranium on the market to satisfy impending demand, which could result in several reactors having no uranium with which to operate.
 
“I think that what’s going to happen is when someone starts buying it’s going to be the inflection point, and you’re going to see a big pile of utilities buying,” Chang told Uranium Investing News.

https://uraniuminvestingnews.com/16985/uranium-outlook-2014-will-be-the-year-of-uranium.html
Bullboard Posts