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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 LinkLeisureon Sep 27, 2016 1:21pm
80 Views
Post# 25282273

RE: U Spot Price

RE: U Spot PriceAgreed - it might take longer than many hoped/planned, but it is likely to be a dramatic and fast shift in sentiment if history repeats.

Just look at gold/silver.  Then Copper (to a small degree)  and Natural gas in particular now seem to have experienced bounces.  Couldnt touch some of those for a long time.  U just has a longer cycle at moment - and things like Fukishima have a far bigger impact - so very difficult to tell what and when happens.

I see VERY little informed info on how much supply is still out there and that sort of thing.  Will be interesting.

FCU neighbour to the NE indeed seems to be following the explorer chart that FCU experienced. Despite superb drilling results of their own.  FCU is not alone.

Gold stocks, IVN, Encana - if you would have bought these at bottom and held on - you probably have done very well.  I think long term, the U stocks will do as well.  The best junior explorer/miners should do exponentially better than the average one.

Thanks Quakes and Hiram for digging up the old Dundee estimate of resource.  
Bullboard Posts