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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

Post by GovernanceQPon Feb 21, 2021 6:55pm
243 Views
Post# 32623029

Market Dominance - why FCU and most others will FAIL

Market Dominance - why FCU and most others will FAILWho dominates the rare earths market and why?

If you can't answer this very simple and relevant question then your uranium macro analysis is lacking in depth.

There are a number of reasons why knowledgeable people invested in uranium companies and the uranium companies themselves prefer not to discuss all aspects of competition openly.

From a regulatory perspective competion can be a very touchy subject.

Whether people like it or not the end result with regard to who wins with regard to getting stuff out of the ground and selling it for a profit supports a concept that "might is right" and this is why I run as far as I can away from companies like an FCU that do not appear to have everything in place and functioning in a competitive manner.

Just because you may consider something to be unfair doesn't mean it's unlawful. This simple concept can be difficult for many people to accept.
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