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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 losecashon Sep 11, 2015 12:35pm
69 Views
Post# 24096588

RE:Denison's 11-Year Stock Performance

RE:Denison's 11-Year Stock Performance

quakes99 wrote: With all due respect, bull_man, I find your characterization of Denison's share price over the past decade as quite misleading. Looking at the actual chart of DML's ticker over the past 11 years tells quite a different story.

User image

https://s5.postimg.org/fo2h68ubr/DML_11_year_chart.jpg

That chart in fact shows that DML did rise to over $16 at the height of the U bull rally of 2006/2007, and dropped down to $0.69 in 2008 when the U bubble burst and the Financial Crisis and Great Depression of 2008 drove stocks down to new lows. So, in fact, DML has traded flat over the past 6 years, though it did rally over 500% from the low of 2008 until the Japan earthquake and tsunami in March 2011, when it dropped back down to $0.87.

And, the other point to consider is that the rally from around $5 to $16 in 2006/2007 was before the discovery of Phoenix, the world's highest grade U deposit, in 2008. You can see on the chart where the share price popped in early 2008 when Phoenix was discovered, but that was quickly lost when the financial crisis wiped out DML and other U stocks in the global sell-off.

https://www.denisonmines.com/s/Wheeler_River.asp

So, playing Devil's Advocate, if Denison was able to rally nearly 300% in the last U bull market of 2006/2007, without Phoenix or Gryphon or, if the merger goes ahead, PLS... then consider what potential it has to do the same or better in the next U bull market which all signs indicate will happen in the next 0-18 months, depending on your own assessment of the U markets.

With assets now that are far superior to anything they had to support that 300% rally back in 2007, perhaps you can understand why Ross and Dev and the rest of the FCU Management team see potential in the merger to make more profit in the next U bull rally than they would as a standalone.

Just sayin... this is not an endorsement for the merger. It's just setting the record straight on DML's historic share performance and potential upside in the next bull rally.

Cheers!



Its all about knowing when to get out. Looking back Fcus 1.73 may end up being equivalent to DMLs 16.00............This plays seem to have there shining moment and then well not so much.
Bullboard Posts