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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

Comment by Uraniuman308on Sep 30, 2021 10:17pm
154 Views
Post# 33950779

RE:RE:RE:RE:Mergers

RE:RE:RE:RE:Mergers

@toureg...your right, "they have not changed anything fundamentally" as witnessed by the sharp pullback in the spot price once they stopped buying.  


touareg wrote:

Why is SPUT part of the problem?

I don't see it,, imv they have not changed anything fundamentaly, they have simply speeded up the inevitable and also brought some needed attention to what has been a virtually ignored market for over ten years.. sput or no sput it would still have happened sooner or later...
I also don't see Sprott as a crook out to cynically rob retail of their hard-earned money.
 

Uraniuman308a

 

based on your argument is the Sprott Uranium fund not part of the problem?  I agree with most of what you say.  As a retail investor being on the right side of the trade, luck has become as important as anything.  Everyone has an agenda whether they are fund managers, letter writers or even certain individuals on Twitter.  When most say buy SELL and when the say sell BUY.  That has been my experience.  The one thing that could be done is eliminating naked shorting, or at least give shareholders the ability to deny their shares used for this purpose.  I also read an interesting piece in the Globe & Mail, where David Driscoll said placing targets on companies should be eliminated.  In my opinion this is also an interesting idea as they never come to fruition and create a sense disillusionment for investors.  Or in FCU's case, false hope.  JMO 

 

touareg wrote: What concerns me is that over the last few decades markets have become more and more 'managed' by the central banks. Certainly since the 2008 debacle there has really been no free market.. everything is controlled now by the elite.. in particular gold and silver and the USD.
The USD should be almost worthless now based on the untold trillions they magic out of nowhere to pump up the economy and create an illusion of growth and prosperity.
Inflation has gone off the charts but they create false numbers out of thin air and repeat absolute nonsense that is meant to keep everyone in lala land believing everything is hunky dory.
What is also becoming obvious is that there is no limit to this corruption in every area of the markets now.. and that includes Uranium.. just look at the recent overall market activity.. literally everything goes up and down in unison except the USD. Fundamentals are totally irrelevant.. on the red days everything is red.. it doesn't matter how screamingly bullish or bearish any individual sector or company is they all get creamed on red days.
It does concern me that they could do to Uranium what they have done to Silver.. basically prevent it from natural price discovery based on reality which is the definition of a true market.
I guess that will depend on whatever suits those who hold all the cards.. perhaps the fact that uranium suits the green agenda / great reset they will do everything they can to shake retail out and steal all our shares and then let the market go.. I think this is the most likely scenario and perhaps is what is happening right now?
So to conclude don't let them buy your shares cheap.. they aint getting mine thats for sure.
Good luck.

 

 

 

[/quote wrote:
 


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