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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 BCsilveron Dec 05, 2017 1:45pm
66 Views
Post# 27095003

RE:I'm really puzzled with what is going on here.

RE:I'm really puzzled with what is going on here.
Thatsnice wrote:
With the Uranium price. I can fully understand that limiting production of U would help drive up the price. But wouldn't that just help the small operators to hang on. Ie the price goes up the small operators get to make more income and all that is fine until the big two Kazatom and Cameco kick i again.

It seems to me that these two are trying to drive up the price for new contracts to come up and then they will continue to flood the market thus holding everything in check. I'm sure that these guys have got lots of new finds in their arsenal so wouldn't it take considerable time before the likes of FCU and possibly FUU would be considered for further buildout?

I'd be glad for your inputs.
All the best

TN


Thats the way i see it , pushed out more years down the road so more dilution to keep this going , not needed for even longer now , dyodd

Bullboard Posts