F3 Uranium Corp. V.FUU

Points to Consider

[ybacuo]

Positive considerations:

1. NXE and FCU discovered two of the best-in-the-world uranium deposits in very close proximity to FUU PLN.

2. The fall drill hole assays were good with some spectacular intersections. The winter drill program will extend the data of the fall holes and perhaps give us an idea of the extent and orientation of the mineralized body. 

3. The share price seems to remain 300% greater than it was prior to the discovery hole in spite of the lack of drill news. 

4. A  large uranium exchange traded fund bought 14,155,564M FUU shares at approximately 0.40. 

5. Insiders granted themselves huge numbers of FUU restricted share units at the end of Dec 2022.

6. If the winter drill holes produce more great results the share price will rise and may result in a short squeeze.

 

Negative considerations:

1. The percentage of the share float that is shorted is huge. 

[Greenday]

@ 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