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Bullboard - Stock Discussion Forum 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... see more

TSX:FCU - Post Discussion

View:
Post by Duster340 on Dec 09, 2020 2:40pm

News

December 9th, 2020

In a bad year for metals and commodities in general, uranium has been the lone bright spot.

The glowing green stuff surged almost 40% since bottoming out at $28.25 per pound in 2014. It's currently trading around $27 again.

By next year, it will be at $50 per pound.

The year after that, $60 per pound.

That's right: Uranium prices are poised to double.

The time to buy is now.

Our free report, "The 6 Stocks Set to Rally With Uranium Prices," explains every angle of this burgeoning bull market.

It also offers six stocks that are sure to follow uranium prices higher.

In all, more than a dozen countries get over 25% of their energy from nuclear power, with 437 nuclear reactors operating around the world. On top of that, there are another 71 reactors under construction, 165 planned, and 315 proposed.

With that, uranium demand will grow 61% over the next few years to 238 million pounds.

This year will be the first year that uranium demand will actually exceed supplies, creating a 60,000-tonne shortfall by 2018.

That is why uranium prices are poised to rise, surging from under $30 now to over $60 by 2018.

Bank on it.

Comment by Dreaminthedream on Dec 09, 2020 4:41pm
Duster. Where did you find that ridiculous "NEWS" article that you posted? Did you actually read it? Whoever wrote it was a fool. Still is a fool.
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