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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.


TSX:FCU - Post by User

Bullboard Posts
Comment by alphakodiakon Oct 29, 2012 5:34pm
286 Views
Post# 20536907

RE: RE: RE: there is no upside here

RE: RE: RE: there is no upside here

Nosleep:  Yes, I agree w.r.t. "we all make good and bad calls".  I will be the first to admit if I am wrong, as I did with TAK.

Oct .17;  "Well, I was wrong. .08 needs to be regained to stave off another 3 months of pergatory."

I exited. I was still profitable from my purchase level.

As far as FIS is concerned, my target remains .26.  And yes, TA did suggest that FIS would reach .50 first - which it did.  FIS is still trending down from .50... where it stops, I don't know.  Odds in probabilities, which TA boils down to..suggest .26. 

For those who sold as we approached .50, are they not better off today?  Perhaps you could enlighten us with what your price expectations are?  One of the benefits of TA is to give you better entry and exit points.  Those still holding today after hitting .50 could have benefitted to the tune of 33%.  Not a bad gain - not a  good loss.

FIS has not finished yet.  If I am wrong - I will let you know that I am wrong- probably before you will.  I agree with your quote "a stock doesn't "have to go anywhere" because of TA ".  Who did you quote?  Certainly wasn't me.

Differences aside, please let me know what price you think FIS has finished going down (based on your fundamental knowledge).  That would be value-added input and could potentially save a lot of individuals on this stock a lot of money and grief if you are correct.

Regards, Alphakodiak

Albeit, GLTA & DYODD

Bullboard Posts