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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 Oct 23, 2018 9:04pm
88 Views
Post# 28860915

RE:RE:It ain't happening, folks!..................................

RE:RE:It ain't happening, folks!..................................That is a repeat performance of the last bull. Steady increases and then something happens (flooding at Cigar - twice) to get the utilities into panic mode. It is so predicatble. I have said before and I will say it again you need to have many more Japanese reactors on line and the respective Japanese utilities back into contracting mode before this market will move much.

My best estimate is late 2020 but that depends on how fast those Japanese reactors come back on line. It has been an incredibly slow process and continues to be a damper on the U market. It is slowly receding but is still there. Add to that the Section 232 in the USA...the biggest buyer of Uranium and I hope you can see that not much can happen until those things are resolved. They will be...but when......that is the million dollar question.

Be patient, invest wisely and above all do not panic.
Bullboard Posts