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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

Comment by Dreaminthedreamon Aug 07, 2021 11:05pm
99 Views
Post# 33669028

RE:RE:How many of you have noticed

RE:RE:How many of you have noticedThe words "it's just a matter of when and not if" have been used many times over the last decade on here and on Twitter. Those words are really very comforting to people like you and me who have been connected to uranium stocks during this painful time.

I have come to the conclusion that those words can be just as wrong as Donald Trump is when he talks about the election being stolen.

It is just possible that there is a lot of uranium out there right now. And a lot more available to come to market at even these low spot prices. The Kazakhstan operators have very low cost mining systems.

Bulls tend to overstate what is going on and think everything is going their way. Well you have seen how that has worked out for the last 6 years.

I hope you are correct with your choice of 18-24 months. That puts us in 2023 or 2024, far beyond what the pumpers have been suggesting.

FCU is a stock with built in frustrations. It is likely to be a very poor stock to own if a bull market ever does appear. It has tons of baggage.
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