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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Energy
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

Fission Uranium Corp
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Comment by Trips333on Jun 09, 2017 10:36pm
171 Views
Post# 26348083

RE:RE:RE:RE:Uranium1's cash cost/lb down to $9

RE:RE:RE:RE:Uranium1's cash cost/lb down to $9Yes, you're right. There are two prices, the short term spot price which is about $20/lb and the long term futures price which is currently around $35/lb. Sadly, uranium stocks are based off spot price movement which is only like 10% of the market as stated. I have no idea why that's the case. One of the reasons for the kazacks trading arm is to bring spot prices closer to futures prices. Anyways, the future looks bright. Demand growth is there with China and India and the supply deficit will happen, it's just a matter of when....
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