Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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.

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Fission Uranium Corp

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Comment by Dreaminthedreamon May 30, 2019 4:39pm

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Post# 29786574

RE:Commodities

Commodities will likely turn up in time. But it will be too late for FCU. If FCU continues to decline ($.40 soon), it will have limited success in raising money.
The future of FCU is grim.

For commodity comparison purposes, look at what happened to the oil and gas business. A one time shortage has disappeared and we have had a moderate price range for both commodities. No boom. No bust.

Uranium will be the same. $65 a pound is a dream. Not realistic in light of the uranium that has been found around the world. Many low cost projects could meet any deficiency in the market.

$35 - $40 a pound looks more realistic in the future. Those deposits that need $65 a pound will stay in the ground.....forever.

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