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

Bullboard Posts

Comment by CanadaBckon Oct 22, 2018 11:37am

73 Views

Post# 28847891

RE:The signs are not good.

That’s pretty funny dreamer. A psychopath troll trying to be an expert on the U spot Price!
Kinda tough getting your a$$ kicked huh?

Dreaminthedream wrote:
There are a number of indicators that do not bode well for Uranium.

First the rise is the Spot Price has stalled. And if you look out to March 2020, you see a futures price of $29.50. That does not suggest a wild bull market in Uranium is underway. It signals a very slow improvement, not the explosive move that has been pumped. A spot price of $65 is likely years away, far too distant to benefit FCU.

Secondly, Cameco's share price is floundering. There had been a nice jump in the price but that has cooled off. Cameco is seen as the indicator for the industry. It is not looking promising right now. If the stock market predicts 6 months out, then more frustration lies ahead.

The share prices of Uranium explorers have fizzled. The investing public is in no hurry to participate.

So 2018 is like 2017, which was like 2016.

2019 will not be much better.