Bullboard - Stock Discussion Forum 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... see more

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TSX:FCU - Post Discussion

Fission Uranium Corp > 100M/lbs X US$70.00 = $7B

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Post by Greenday on Sep 14, 2023 12:44pm

100M/lbs X US$70.00 = $7B

FCU is severly undervalued at $650M CAD.

And US$70 is easily in the cards. Does the US government want to be reliant on Russian "controlled" uranium? Of course not. The US government wants to restart the US uranium sector and repair its "achilles heel." The US government didn't have to purchase uranium at $70 (or did it?) because it's an incentive price for producers to rethink mothballed projects.

After USA production rises from the ashes, watch for the US Government to sanction Russian uranium. Right now it's impossible for the US to impose deep sanctions on Russian uranium without placing itself in peril.

End result is that equity prices rise with the higher price of uranium.

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