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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 May 25, 2018 3:40pm
167 Views
Post# 28082382

RE:RE:RE:RE:RE:RE:RE:RE:Another Uranium domino falls as Paladin shuts down LHM

RE:RE:RE:RE:RE:RE:RE:RE:Another Uranium domino falls as Paladin shuts down LHMSo let me illustrate with some numbers for the folks that did not understand it in words. Let us say I put $6,700 into FCU today (price 67c). I can buy 10,000 shares. The price can do three things from here. It can go up, it can go down or it can stay the same. Let us say the worst happens the company folds and share price drops to zilch. I just lost $6,700 bucks. That hurts but not the end of the world. To avoid that dire result I do not put all my eggs in the same basket. The probability of ALL Uranium juniors going broke so I lose the whole lot is remote. Could happen...risk is not zero but it is small. So now let's say the share price goes sideways...does not go up...does not go down. Well I have not lost my money but if I had put it into a "secure" zero risk investment I would have made one or two percent to I lose $268 bucks in interest but still go my capital after two years of doing nothing. If in the next two or three years the scenarios discussed here do occur then Uranium Juniors will see a flood of capital back into the Uranium sector. Because there are so few companies that capital will cause shares of all miners to multiply. Looking back at the last time this exact same scenario played out share prices multiplies many times. Even if FCU only doubled I will have doubled my money in 2 years. 50% ror per year During the last cycle Paladin went from 1c to $10 per share based on L-H and Kayalakera deposits which are nowhere close to what FCU and NXE have found. If the same happens again (very likely...same fundamentals at play your money will multiply many times over. So worst that can happen....I lose $6700... that is not the end of the world well not for me anyway. So downside risk is low. Potential for making multiples on my money is very high. So low risk high reward on something that is not an IF but a WHEN. Diversify across the sector so exposure is not just to one company so if you lose your bag of FCU marbles you are still in the game with your NXE, APPIA, CCO UPC and other bags of marbles. That is what I mean by low downside risk, high upside potential. I do not think I said zero risk....there is always risk in investing. Malcolm
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