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.

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Fission Uranium Corp > Uranium Spot Price Continues to Climb

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Comment by Dreaminthedreamon Jun 08, 2021 12:55pm

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Post# 33348320

RE:Uranium Spot Price Continues to Climb

Mining.Com says "

For their part, the world’s biggest uranium producers suffered gaping losses in the March quarter, but they say they would likely continue to fill existing long-term commitments through spot-market buying while production ramps up.

They lament power utilities’ continued avoidance of signing up for long-term supply contracts, given the continued abundance of cheap yellow cake on the spot market."

Not exactly a bullish sign for uranium.

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