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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
Post by conscience1on Aug 29, 2015 8:49am
270 Views
Post# 24061923

Michael Ignatieff on Nuclear Energy

Michael Ignatieff on Nuclear EnergyWorld section in the Toronto Star today features a 2-page piece of "journalism" on the dangers of nuclear power, based on the Fukushima disaster. He buries the fact that no fatalities have occurred due to radiation in the middle of the piece. He offers no comparison to the perils of burning various fuels, and doesn't acknowledge that renewables aren't yet capable of 24/7 baseload supply. Trouble is, people read this stuff. Quebec has an Environmental Assessment Agency that blocked a uranium mine and has successfully erected a ban on fracking in that province. (Konrad Yakabuski, Globe and Mail, 28 Aug 2015: Uranium Report muddies science with sociology) There are forces at work in the court of public opinion, and at least one provincial government, that are an independent risk factor to the nuclear industry. Improvements in fuel cell/power storage are another. Anyone voting Yes to the merger must ask themselves, and management, for a timeline to monetizing RRR. Sooner is better; time carries significant risk. It's a balancing act between the coming increase in demand and future threats to the whole sector.
Bullboard Posts