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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 AfterGlowon Oct 26, 2018 6:44pm
122 Views
Post# 28880819

RE:RE:RE:RE:interesting pattern forming

RE:RE:RE:RE:interesting pattern formingSee below article - looks like Taiwan is going to revisit the decision to turn off their reactors next month through a referedum and momentum in Germany is gathering to do the same.   Germany has shut down eight of its 17 nuclear reactors, and was implementing measures to close the remaining reactors by 2022.  

So here is a near term bull case scenario:  Germany/Taiwan reverse course and 21 nuclear reactors add 21 MM lbs of unexpected demand starting in 2022. That could put industry into deficit.  Not sure if it will happen but  something to monitor.



https://www.forbes.com/sites/michaelshellenberger/2018/10/24/momentum-builds-for-nuclear-power-with-referendum-approved-in-taiwan-and-pride-fest-in-germany/#3e2c50647584





Bullboard Posts