Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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

Fission Uranium Corp

Bullboard Posts

Comment by teeveeon Nov 29, 2015 4:27pm

114 Views

Post# 24336651

RE:The move is coming ...

There are only 3 restarts planned for all of 2016.

mesa1 wrote:

Yes, the big news is that Japan is nuclear again, but the truth is it's only dipping its toes in the water. Commenting on the restart, Cameco CEO Tim Gitzel explained, "Of course, there needs to be more restarts to move sentiment in the markets, so we haven't seen the needle move much in reaction to those events."

According to the U.S. Energy Information Administration, the handful of reactors that have been approved to come back on line provide only about five gigawatts of power. That's compared to the 45 gigawatts or so that Japan's nuclear fleet provided before the shutdown. Around 6.5 gigawatts is gone for good from the old fleet.

But do the math and you see that there are over 30 gigawatts of nuclear power still waiting to be restarted. Power plants that could supply around half of that total have already applied to restart. In other words, the big benefit of having Japan nuclear again hasn't hit yet. As it restarts more and more reactors, Japan will again need to ensure it has the fuel it needs to provide reliable electric power to its citizens. That, in turn, will help shore up the low prices in the uranium market.

Read more at https://www.stockhouse.com/companies/bullboard/bullboard/v.fcu/fission-uranium-corp#Cbif2Re6ilSokhwH.99