Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

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 > While I'm tickled pink at the SP increase in all my

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Comment by touaregon Sep 13, 2021 9:28am

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Post# 33847781

RE:RE:RE:RE:RE:While I'm tickled pink at the SP increase in all my

I also bought because FCU is extremely undervalued imo.. and the current drill program is showing massive new potential which could become another major driver... I have been investing in resource stocks for 18 years and one thing i learned is there are always very undervalued stocks that get left behind but 8 times out of 10 they have their day and catch up with a vengence.. I would suggest that that is exactly the case with FCU right now.. jeez I bought last thursday at .82 and by the end of Friday we closed at the high of $1.. and where are we going this week? total no brainer if you ask me.

Charlie_Chan wrote: Absolutely!

If FCU was valued compared to it's peers, I would probably be looking at buying one of it's peers (Denison or NexGen). It wasn't so I bought FCU.

A value investor is always looking for the best value (i.e.undervalued) Company which would presume a bigger bang for the buck!

Btw, for interest sake......I researched many Uranium Companies prior to taking initial positions in two Uranium Companies last week, (FCU and SHY) and there are many Uranium Companies whose Market Caps defy any logic. Case in point is Mega Uranium (MGA). Mega has a couple of U projects in Australia, but even more meaningful is that they have ownership by way of shares in 4 Uranium Companies, including 19.4 Million shares in NexGen worth over $143 Million. The total value of MGA's holdings in the 4 Companies is worth $166 Million in shares alone!

The Market Cap of MGA is $118 Million! (Negative $48 Million)

Again, the market is inefficient at times, however this undervaluation attracts attention to investors to bid up the value to it's presumed valuation relative to it's peers.

KozmoT wrote: So if you admit FCU is undervalued compared to its peers then, assuming you aren't just babbling, you're asying its a great BUY right now and you yourself are loading up ... right? FWIW I think most FCU investors here would agree strongly with you, FCU is undervalued and a great BUY.

Thanks for showing up!!!