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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 Apr 08, 2018 2:27pm
69 Views
Post# 27849780

RE:RE:The argument against a Uranium Bull Run

RE:RE:The argument against a Uranium Bull Run

Have to agree with you Destinator - there were a number of things that leap out from the article.

I do agree that well researched and articulated differing opinions are important to read though!  In particular, I have mentioned before, more consistent info about retiring reactors should be included when new reactors are mentioned - the NET figure in reactors and the size/Uranium requirement of the reactors is the key.  The article mentions that - fair enough.

BUT:

Mid - 2018" comment on South Korea - Umm, it is end of 1st Q 2018 now, must have meant 2017 - but, again, articles that can't get simple facts/ediiting done right are highly suspect research/writing.

South Korea - I believe they have one plant nearly completing construction and the new Pres is now softening the anti-nuclear position also..  Reality sets in.  Gets expensive and pollutive to just try and change something on a whim.

France - they are already doing a U-turn on the anti-nuclear planning and did they not extend the reduction plans by a decade or more already (probably just the beginning).  REality of electric car energy demands are only now coming to be realized.

- The Article seems out of date in terms of info - there have been reversals in positions there.  Germany has had higher emmisions last 2 years, and i read they get some electricity from France's Nuclear .... 

There are multiple debates about solar and wind truly being cheaper than nuclear - all depends on where and subsidies, etc (would agree costs are coming down with technology and scale - but same could be said about nuclear SMR's etc).

With respect to the supply side - I don't like sweeping statements about "smaller miners" ramping up production (to compare to cuts by mamoths like Cameco and Khazaks) - and then mention ONE small Australian miner who has increased production a whopping 9%.  UMM, Cameco just pulled MILLIONS of pounds off market.  Article writer, do the math.  

and the INTENTIONS and DETERMINATION of Namibia?  Yes, Namibia has a lengthy track record of being able to ramp up and take over providing a world resource (sarcasm)...Yes, they will produce Uranium - replace the pie chart of where U comes from historically - takes time - are they even a sliver on the pie chart now?

The best one is "Since 2016 there has been a sharp decline in the money invested....." - wow.  It has been 15 months since 2016......and all the articles I read show plans for dozens and dozens of new reactors where the process is just starting......England, All over the Middle East, China, India, more and more newly planned reactors - even the planning stage costs money - where are the $ figures to back that up.

Not a very detailed or well backed up article - one weak example here and there is pretty sketchy.

Bullboard Posts