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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 toriddogon Aug 25, 2015 10:57am
215 Views
Post# 24048869

Re Uranium Price Surge

Re Uranium Price SurgeIt is very very clear that the reactors under construction and planned will certainly change the supply/ demand situation. Uranium is different than any other commodity. It is not changed by economic activity short term. When a reactor comes on line it stays on line as the fuel is a minor cost and once started they only shut down for maintenance . So it is not hard to take the position that uranium suppliers are in for a long run bull market. The besr part is suppliers from the Ahabaska basin can provided a pound of U308 at very large profits at a price almost all other producers in the world lose money. Very good situation. Stay long and prosper.
Bullboard Posts