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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 Porto54on Jul 22, 2018 12:49pm
89 Views
Post# 28350183

RE:RE:2017 PRODUCTION NUMBERS .... FROM WNA

RE:RE:2017 PRODUCTION NUMBERS .... FROM WNAThanks for another fabulous post Quakes. This is another reason why I'm invested in the U sector. At some time in the future, there will not be enough production to keep the electricity on. U has got to move up and when it does, many U stocks will move along with it. FCU is well poised to take advantage!
Keep these informative posts coming. Thanks.

quakes99 wrote: Here are the latest nuclear consumption and world production of U3O8 estimates for 2018 as published recently by Uranium Participation Corp.  

Nuclear reactors will burn 192M lbs of U3O8 in 2018.  Global uranium production is estimated to be below 135M lbs. 

With Yellow Cake plc taking up to 9 M lbs completely out of the market this year, supply available to nuclear utilities is estimated now to be under 125M lbs.. and will go lower if Cameco does not restart McArthur River mine later this year.





Futher cuts by Kazatomprom are also expected by many analysts as Kazatomprom heads for its IPO which was confirmed last week to be launched in October.

Cheers!

Born2Struggle2 wrote:

FROM https://www.world-nuclear.org/information-library/facts-and-figures/uranium-production-figures.aspx


Uranium Production Figures, 2008-2017

(Updated July 2018)

Country 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Kazakhstan 8521 14,020 17,803 19,451 21,317 22,451 23,127 23,800 24,575 23,391
Canada 9000 10,173 9783 9145 8999 9331 9134 13,325 14,039 13,116
Australia 8430 7982 5900 5983 6991 6350 5001 5654 6315 5882
Niger 3032 3243 4198 4351 4667 4518 4057 4116 3479 3449
Namibia 4366 4626 4496 3258 4495 4323 3255 2993 3654 4224
Russia 3521 3564 3562 2993 2872 3135 2990 3055 3004 2917
Uzbekistan (est) 2338 2429 2400 2500 2400 2400 2400 2385 2404 2404
China (est) 769 750 827 885 1500 1500 1500 1616 1616 1885
USA 1430 1453 1660 1537 1596 1792 1919 1256 1125 940
Ukraine (est) 800 840 850 890 960 922 926 1200 1005 550
South Africa 655 563 583 582 465 531 573 393 490 308
India (est) 271 290 400 400 385 385 385 385 385 421
Czech Republic 263 258 254 229 228 215 193 155 138 0
Romania (est) 77 75 77 77 90 77 77 77 50 0
Pakistan (est) 45 50 45 45 45 45 45 45 45 45
Brazil (est) 330 345 148 265 326 192 55 40 44 0
France 5 8 7 6 3 5 3 2 0 0
Germany 0 0 8 51 50 27 33 0 0 0
Malawi   104 670 846 1101 1132 369 0 0 0
Total world 43,853 50,772 53,671 53,493 58,489 59,331 56,041 60,496 62,366 59,531
tonnes U3O8 51,611 59,875 63,295 63,084 68,976 69,969 66,089 71,343 73,548 70,201
% of world demand* 68% 78% 78% 85% 86% 92% 85% 90% 97% 92%

* Data from the World Nuclear Association. NB: The figures in this table are liable to change as new data becomes available





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