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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

Post by MrVerbatim9800on Nov 30, 2022 2:28pm
154 Views
Post# 35140591

From June 2022, but still holds. GLTA

From June 2022, but still holds. GLTAhttps://www.prnewswire.com/news-releases/experts-indicating-uranium-prices-and-demand-could-continue-its-bullish-run-301558567.html

One analyst commenting on the uranium price forecast for 2022 suggested that the ore's price could head up to as high as $200, before a 50% retraction to the $100 mark. Another analyst has a more conservative estimate of $70 per pound. The 12-month uranium price forecast at Trading Economics is estimated to reach a value of $66.17.  Uranium could continue its bullish run, according to Mining.com, partially due to an aggressive buying spree by the Sprott Physical Uranium Trust, which increased its holdings by 10% throughout February 2022 alone.  Meanwhile, The Conversation recommends caution over "speculative interest and irrational exuberance".

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