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Bullboard - Stock Discussion Forum 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... see more

TSX:FCU - Post Discussion

Fission Uranium Corp > Frustration
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Post by Dreaminthedream on Jul 27, 2021 1:07pm

Frustration

Those of you who are convinced that we are in the beginning of a rip roaring uranium bull market are likely getting a bit ansy right now. The market doesn't seem to be showing any inclination to get bullish on Uranium.

In fact, CAMECO trades like it is sick. It is very volatile. Its daily action is quite amazing. It might show a bit of strength to start the day and then boom, it goes on a wicked slide.

Cameco is the bellwhether stock in uranium and it is not suggesting that a bull market is near. It trades like a stock that looks like it is afraid.

The market is indicating that there is no shortage of uranium. US utilities have not been seen anywhere. So they are comfy with their inventories and with their access to uranium. The spot price is absolutly boring. It is stuck. The futures market out to 2025 is quite flat.

Nope. No bull market. 2021 will pass by and be just like previous years. No excitement.
Comment by VTR1000 on Jul 27, 2021 2:18pm
Most of us know it's not if it's when. Uranium is a dirty word to a lot of people it's also much needed to keep the light on. As I mentioned in a previous post the world is going BIG on electrification and SMR'S are on their way. Many wealthy people are getting into Nuclear Power and I'm predicting some very big moves upwards in the next 18 to 24 months. Just hang on in there ...more  
Comment by Dreaminthedream on Jul 27, 2021 7:05pm
VTR1000. Thanks for your reply. You suggest that it may be 18-24 months before good things happen. When Quakes was on here, he used the word "imminent". That went on for 4-5 years. Others used vague terms like soon. Others made reference to catalysts and how they would get the fire going. Well many many catalysts have come and gone and the bull market is as elusive as ever. Quakes is ...more  
Comment by VTR1000 on Jul 27, 2021 8:19pm
Like you, I also despise PUMPERS!! You're right about quacks he's been quacking on about an imminent bull run for years. I think most of us know it's going to happen one day, but NOBODY knows when. Electric vehicles are on their way just like steam took over from the horse and cart and the internal combustion engine from steam. SMR'S could also play a big part in the future. It ...more  
Comment by Uraniuman308 on Jul 27, 2021 8:28pm
"Time"?  So far the wait has been 10 years.  The only ones making money have been management of "lifestyle companies" and stock promoters & investment letter writers. Everyone want to believe the change is "right" around the corner while they continue to pick our pockets with ridiculous compensation packages and the promise of a huge gain right around ...more  
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