Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

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.

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Fission Uranium Corp

Bullboard Posts

Post by wildstylezon Sep 30, 2014 10:06am

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Post# 22982164

David Sadowski

Raymond James’s uranium analyst David Sadowski is extremely bullish and believes supply will not be able to keep up with demand over the long term. Sadowski notes that current prices are untenably low and some producers are refusing to sell at rock-bottom prices. By 2017, uranium could be operating at a deficit and it would take a major upswing in prices to incentivize miners to increase supply. Raymond James is forecasting prices to hit $70/lb. by 2017, noting any disruption could push up prices a lot sooner. Specifically, if the west sanctions nuclear fuel exports from Russia, the market fundamentals would turn bullish very quickly.

Bullboard Posts

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