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 Moving Higher

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Comment by Greendayon Sep 02, 2021 2:32pm

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Post# 33804123

RE:RE:RE:Uranium Moving Higher

@ KozmoT - Look at SPUT's volume (U.UN). 409K is the average volume and today's present volume is 1.95M. Means that money is flowing in and Sprott will buy more physical uranium in the spot market.

Remember that spot uranium prices are still well below the average cost of production of most producers so producers have little incentive to produce more. The spot price needs to keep going up until it reaches the industries aggregate cost of production plus some profit for producers. Over the longer term that's where this rally ends.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?