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Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

Energy
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

Fission Uranium Corp
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Post by Uraniumon Jan 14, 2021 10:41am
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Post# 32293711

Uranium - Very Bullish due to Supply Shortages

Uranium - Very Bullish due to Supply ShortagesCredit Suisse are now very bullish on uranium.

 
John Quakes
@quakes99
 
Credit Suisse are now "very bullish" on #Uranium Rating Kazatomprom $KAP as "Outperform" with US$24.00 Target as "stage is set for another stellar year" "we think the market is incredibly vulnerable to shock which could lead to rapidly increasing prices." #Nuclear #ESG pic.twitter.com/wTpIddmYhS
 
2021-01-13, 2:46 PM

Supply issues are here. Several producers are now 'buying' instead of 'mining' uranium.

 
John Quakes
@quakes99
Here's how TradeTech see a #Uranium multi-year structural supply deficit. -70M lbs #U3O8 supply removed in 2020 due to idled mines, #COVID19 suspensions, depletions. -55M lbs was 2021 estimate prior to 2nd Cigar mine suspension & revised $KAP 2021 guidance due 1 Feb. pic.twitter.com/0PyV0ocrv4
 
2021-01-13, 8:14 PM

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