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.

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Fission Uranium Corp

Bullboard Posts

Comment by MegaMAxTZon Mar 05, 2019 1:36pm

49 Views

Post# 29444714

RE:RE:RE:80 cents

Uranium not at $ 42/LB by 2027. Really ? Serious ? FCU a distant memory ? If the Uranium price is not at $ 42/LB by then, Cameco is a distant memory. No Cameco, then what would the Uranium price be at in 2027. $ 28 per LB ?? Don't think so.

World consumption of Uranium in 2027 is going to be at about 215,000,000 LBS give or take. If the price is not at $ 42/LB , then mined production would be at about 120,000,000 LBS.

The math just does not work. Prices will be at $ 42/LB in the fall of 2020.
FCU will be above $ 0.80 by then. Just buy some more shares.

MM

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