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 > What Shortage?

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Comment by Greendayon Jan 07, 2022 12:16pm

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Post# 34293292

RE:RE:RE:RE:RE:What Shortage?

The current spot price doesn't even cover the cost of production. How long can that go on?

Very possible that many of the carry traders that have been churning carry trade contracts won't be able to supply uranium to their counterparty when the contract matures.

Particulary when the principals to some spot price carry trade contracts have their office in a house in a suburb. I kid you not. Once researched an address to a carry trade contract of a company with a legitimate sounding financial title as it's name and Google Maps returned some non descript house in a suburb in Southern California.

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