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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 Malcolm2001on Jan 15, 2018 8:52pm
140 Views
Post# 27364279

RE:RE:It looks like the market

RE:RE:It looks like the marketThe whole Uranium sector is frustrating Skipper....not just FCU. You certainly need unlimited patience. If you look across all the companies in the Uranium sector you see the same thing. Good news hardly moves the stock at all. That tells me that mainstream investors have not yet realized that (a) Nuclear Power is growing (b) The supply of Uranium is falling and (c) Without nuclear there is no way of curbing CO2 emissions.
To me, as a long term strategic investor, those are the ingredients of the best contrarian play out there right now. But I very much agree with you it easy to lose one's patience. Also remember that there are only about 40 companies out there now from around 500 just a few years back. When the big money starts to flow...as it inevitably will do....I think you might regret selling. But that is easy to say and not so easy to do and I certainly sympathize with how you feel.
My time horizon for Uranium is at least until 2020 and possibly out as far as 2025. Uranium will need a lot of patience yet but it will be well rewarded. Time to buy is at maximum pessimism...that is about now.
Malcolm
Bullboard Posts