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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 Mar 08, 2018 7:16pm
131 Views
Post# 27687593

RE:RE:RE:head in the sand mentality

RE:RE:RE:head in the sand mentalityYes I am of the same opinion. Unless something drastic occurs in the Uranium space I do not see 2018 as the pivotal year. There aren't enough Japanese reactors on line yet and there is still some supply overhang. So longs will need to hold on to around 2020 I think. One thing you will see this year is about 15 new reactors coming on line and demand is what I watch for. Supply will keep on decreasing at these prices and cannot be readily turned back on and it is that lag interval which will dictate how high uranium prices will go and for how long.
If you are expecting great things in 2018 I would cool your heels a little and use the time to consolidate your positions while prices remain low. Your patience will rewards you well.
MAlcolm
Bullboard Posts