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.

TSX:FCU - Post by User

Fission Uranium Corp

Bullboard Posts

Comment by Utraderon Jan 09, 2018 12:53pm

211 Views

Post# 27314620

RE:RE:Kazakh supply "cut" a mirage - Credit Suisse

No doubt that we are setting up for a bull market in uranium!!
Looking forward to a great year for FCU and the whole sector.
Thanks Quakes.

quakes99 wrote: We all know about Credit Suisse. In December they were the largest net buyers of U stocks of any investment firm. Their agenda is pretty clear.

What's more revealing is that Ux Consulting is reporting the opposite now, and usually Credit Suisse follows the typically bearish UxC Outlook.

The part you failed to post was that Cameco is still shutting down the world's largest uranium mine this month, creating much higher geopolitical risk for the overall uranium sector as the safety/security of supply becomes more vulnerable, as UxC reported in their new outlook.

Price is only one factor. Available supply from safe jurisdictions is the more important one, as the cost of uranium fuel is only a small part of the overall cost of running a nuclear reactor. Having fuel is more important than what it costs.

Cheers!