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Fission Uranium Corp FCUUF


Primary Symbol: T.FCU

Fission Uranium Corp. is a Canada-based resource company. The Company’s principal business activity is the acquisition and development of exploration and evaluation assets. The Company is a resource issuer specializing in uranium exploration and development in Saskatchewan’s Athabasca Basin in Western Canada. The Company’s primary asset is the Patterson Lake South (PLS) project, which hosts the Triple R deposit, high-grade and near-surface uranium deposit that occurs within 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises approximately 17 contiguous claims totaling approximately 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin, notable for hosting the highest-grade uranium deposits and operating mines in the world. The Company also has the West Cluff property comprising three claims totaling 11,148-hectares in the western Athabasca Basin region of northern Saskatchewan.


TSX:FCU - Post by User

Post by Greendayon Jan 25, 2024 4:46pm
155 Views
Post# 35845912

Typo Or No Spot Offer?

Typo Or No Spot Offer?The price on spot uranium according to Numerco fell $3.00 to $101/lb today.  Yesterdays bid and offer was $102 / $106 but Numerco's print today shows a bid of $100/lb and an offer of $99,900/lb.  

Either Numerco had a typo or there is nothing for sale.  Possible that yesterday's $106 offer was dumped at $100 today and there are no sell orders left - hence the $99,900/lb offer today.

DML's Cates on X said that the spot market is thin and volitile so it's quite possible that there is currently nothing for sale in the spot market.

The January and February forward spot market is printing asks of $10,200 before dropping back to $106 in March. 

So unless some sellers appear, it really does appears that there presently is no uranium out there for sale.
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