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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 bridgetonowhereon Jun 06, 2014 2:22pm
346 Views
Post# 22638268

RE:RBC outlook 1 year ago

RE:RBC outlook 1 year ago@dointhisforcash - RBC's 2013 report is pretty much the smoking gun that says their analysts don't know squat.  Because of the market structure of uranium, the narratives from producers are probably a better guage of the markets supply/demand balance, and I haven't read of one producer that's said the market will be oversupplied until 2021.  If RBC's 2021 forecast in their most recent report is accurate, you would expect that producers would not have increased supply in 2013 but instead would have shut-in more of their production.  IMO part of the reason that producers have not closed more mines to date is because they expect their future returns from improved future market fundamentals to out weigh the present cost of keeping marginl mines open.  So even when RBC throws out a report with impressive looking charts and graphs and all kinds of high minded commentary to go along with them, do they really have a better handle on the market than producers' who field calls from customers shopping for product? RBC's track record says no.
Bullboard Posts