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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 Feb 26, 2018 8:48pm
213 Views
Post# 27625178

RE:RE:RE:Indifferent

RE:RE:RE:IndifferentThat is very true Facts. Another thing to bear in mind is the fact that large institutions must invest large sums of money and these companies are small outfits for the most part so are not on their radar (yet). So it will start off slowly and then move up rapidly as the institutional investors see the profit potential and they can buy large stakes without distorting the price.
Strongly suspect something similar will happen this time around. As you rightly say - time is on the side of the small investor and the focus should be on companies with proven resources who can convert to profit making companies quickly....that is start mining and selling. That is what happened to Paladin on the ASX last time around 1c to nearly $10. Those are the types of returns possible here. Do I know when that will happen...no...and if I did I would be the richest person in the world. So I have to wait until all the ducks line up and Uranium becomes irresistable as an investment once again. In the meantime I look for good companies that have potential, buy when they are cheap and wait. Sometimes you need nerves of steel but nobody said this investment lark was easy. It sure is not. Watching your shares stay flat on great company news is enough to try any one's patience....but that is exactly what you need...the patience to stay the course when everyone else is bailing out.
If the fundamentals are right what other people do does not matter. Time will change their opinion and their investment strategy....usually after all the good money has been made by those patient enough to wait.
Not an  easy thing to do...but if it WAS easy now everyone would do it wouldn't they?
Malcolm
Bullboard Posts