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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

Comment by GovernanceQPon Dec 12, 2020 6:25pm
509 Views
Post# 32094260

RE:New Bull Uranium Market Underway

RE:New Bull Uranium Market UnderwayI think being an expert entails having knowledge regarding many aspects of whatever you are focused on of which I consider myself far from being an expert with regard to the world of uranium but when I read and listen to what others are calling experts it appears that these experts don't even appear to know some of the stuff that I have managed to learn over a relatively short period of time - it's quite disturbing from the point of view that I think most investors including sophisticated investors are being fed a load of rubbish more often than not.

For the sake of this reply let's assume that a raging uranium bull market is just getting underway. It's sounds great and you hear all these cliches like a rising tide floats all boats and all that sort of stuff which in some part is true... BUT.

What all investors (big and small) need to take into account is that there is always the potential for an overriding event that puts a stop (sometimes temporarily and sometimes permanently) to a party (as in like birthday party). All of these overriding events are hierarchical in nature but one of the most damaging things for any business can be a business dispute with a "strategic partner" and this is what I think we maybe seeing here with FCU as in they have major problems with a "strategic partner".

It's better not to ignore these sorts of potential issues because as investors the first thing I think we should all be focused on is wealth preservation.

And be careful listening to these paid pumpers that seem to be all over the joint - some of what they post is good stuff but they obviously have a bias like we all do in some respects but what influences their bias is direct and powerful as in they get paid to do what they do.
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