Post by
VTR1000 on Jun 18, 2021 3:26pm
Fission poised for uranium upturn
Timing counts for a lot in the mining space and Ross McElroy, president and CEO of Fission Uranium, has seen the stars rapidly align in the months since he took the helm in September 2020. As the uranium market positions for another up-cycle and money is flowing into the space McElroy has steered Fission from an explorer to a development company, poised to advance the Triple R deposit at its project Patterson Lake South (PLS) project in the southwestern Athabasca Basin in Canada.
https://www.mining-journal.com/partners/partner-content/1412202/fission-poised-for-uranium-upturn
Comment by
Greenday on Jun 18, 2021 4:29pm
Almost inevitable that FCU and NXE will have to cooperate on infrastructure if it's what the Saskatchewan government and the First Nations prefer. Must also be some behind the scenes work on a SMR power supply as three Northern Saskatchewan indigenous companies have signed MOU's to invest in SMR's.
Comment by
Dreaminthedream on Jun 18, 2021 4:49pm
Patterson Lake mine could be 10 years away. Or more. Won't be of any help to current shareholders. It is hard to tell how much of the current uranium hype is pure fiction? Or partial truth. There certainly is a lot of exaggeration going on.
Comment by
Dreaminthedream on Jun 18, 2021 11:12pm
Knowledgeable uranium investors know that Ross is just as full of first class excrement as Dev was. No credibility left in this company. That is why it is a laggard on up days and a leader on down days.
Comment by
Uraniuman308 on Jun 19, 2021 3:01pm
"excrement" may be a little harsh for Dev's NUMBER 2 man. JMO