Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 28, 2018 6:10pm
152 Views
Post# 28090767

RE:RE:TD comments

RE:RE:TD commentsThat is very interesting UBull4you. Thanks for posting this. I have a leaning towards numerical modelling of the Uranium market and those are much the same conclusions that I have come to. It is Chinese Government policy to have 7 years worth of Uranium stockpiled. That means for each reactor that is brought on line there enough Uranium is stockpiled to keep it running for 7 years. I firmly believe THAT is where the majority of Uranium in "inventory" bank is located. That Chinese inventory is not going to be available to the west...or anyone else for that matter therefore it is not mobile and should not be counted in the inventory numbers for Uranium. Absolutely correct that when THIS huge quantity of Uranium is removed from the numbers the real inventory is much, much lower and we are heading for a major bull market. Fundamentals and numbers are what needs to be relied upon when investing in this sector. My numbers call for an uptick in pricing towards the end of 2018 and a much more rapid rise in the 2019 to 2020 period when large numbers of new reactors are started up and more Japanese plants come on line. I estimate 10 Japanese plants on line before year end and about 40 new plants coming on stream in the next two years. Some of those will be Chinese of course but in any event that is a big increase in demand. All just a matter of time. Malcolm
Bullboard Posts