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F3 Uranium Corp V.FUU

Alternate Symbol(s):  FUUFF

F3 Uranium Corp. is a uranium exploration company. The Company is advancing its newly discovered high-grade JR Zone and exploring additional mineralized zones on its 100%-owned Patterson Lake North (PLN) Project in the southwest Athabasca Basin. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR Zone discovery is located over 25 kilometers (km) northwest of Fission Uranium’s Triple R and NexGen Energy’s Arrow high-grade uranium deposits. The PLN project comprises the PLN, Minto and Broach properties. The PLN property is located near the south-western edge of the Athabasca Basin. The PLN project consists of two mineral claims covering a total of 4,074 hectares. The Minto Property is located directly north of the JR zone discovery and 28km south of the Shea Creek deposit. The Broach property is located five km south of the JR zone and 22km north of Fission Uranium Triple R deposit. The property sits along the estimated Athabasca basin boundary.


TSXV:FUU - Post by User

Comment by Greendayon Feb 03, 2023 1:42pm
151 Views
Post# 35265380

RE:RE:RE:RE:Rebound Soon

RE:RE:RE:RE:Rebound Soon@ GoldenIdle - Dev stated in an interview last week (or so) that they wouldn't be publishing scint readings after every couple of holes but instead that they will drill more holes and have a larger sample size before releasing news on scints.

Short interest between December 30, 2022 and January 14, 2023  increased by 4.6M shares to a total of 5.1M.  So from next to no shorts (568K) to 5.1M.  The January 31 report will probably show another increase from the 5.1M total.

Good chance that this price retrenchment has taken the "sell the news" trading strategy off the table when the scints are published.  If the scints are good, a lot of the hot money is probably already gone and the short sellers may get nervous and choose to cover.  









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