Bullboard - Stock Discussion Forum 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... see more

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Fission Uranium Corp > Understand?

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Post by settoretire on Mar 04, 2023 2:02pm

Understand?

For years I have been told Nexgen is the superior deposit, but all DD done by quite a few analysts don't show that.
Fission and Nexgen are basically identical except for mining techniques. Nexgen, they say, is richer at depth, but costs to extract and remediate are astronomical compared to Fission, yet the market believes NXE is over 6x better according to SP.
Doesn't make sense. What is the problem? Management?

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Comment by Uraniuman308 on Mar 05, 2023 8:11pm

Set to retire...while I agree with your assessment of management I disagree with your belief in FCU equal to NXE. NXE's deposit is superior in so many ways, they have not yet levered themselves with an off take tied to a discounted spot price and are are least 5 years ahead in development which is unfortunate since Triple R was discovered before Arrow. Lesson: never ...more

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