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F3 Uranium Corp. V.FUU

Alternate Symbol(s):  FUUFF

F3 is a uranium project generator and exploration company, focusing on projects in the Athabasca Basin, home to some of the world’s largest high grade uranium discoveries, including F3’s most recent discovery at PLN. F3 continues its drilling program to expand its high grade discovery at Patterson Lake North. F3 currently has 16 projects in the Athabasca Basin, several near large uranium discoveries, including Triple R, Arrow and Hurricane.


TSXV:FUU - Post by User

Comment by Greendayon Feb 07, 2023 4:24pm
142 Views
Post# 35272869

RE:Points to Consider

RE:Points to Consider@ ybacuo - Lots of good valid points.  Appears that the trading range for the present market news has been established.  Perhaps note though that FUU's short interest declined during the last reporting period.  My guess before the report was published was that short interest had increased but my guess was wrong.  Short sellers were covering over the January 14 to January 30 period and short interest of 2,559,102 isn't very high.  FUU's current average daily volume is 1,636,000 which works out to a low days to cover ratio.  The entire short interest positions could be covered with less that 2 days of volume.

So it can looked at two ways.  An optomistic person will say that sellers believe that the bottom is in because they have stopped shorting and begun covering.  And a negative person such as Karen308 will argue that the small short interest represents little fuel in the tank to start a short covering rally.

F3 URANIUM CORP. 2,559,102 -2,616,843 30 Jan 2023

FISSION 3.0 CORP. 5,175,945 4,607,699 14 Jan 2023

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