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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

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Post by Greendayon Dec 20, 2024 2:57pm
59 Views
Post# 36372721

CIBC AS A Market Maker

CIBC AS A Market MakerSteps need to be taken to reduce CIBC's concentration as a market maker for small cap uranium stocks.  Reducing CIBC's market making concentration and increasing the participation of more institutions would create a more orderly market for investors.  With CIBC acting as the market maker for the overwhelming number of uranium stocks, its influence on the sector and the price of uranium stocks is too great.  Whether its a shortcoming of the TSX or listing companies, there needs to be a better balance of voices or opinions than just CIBC's.  It's fine for CIBC to be the market maker for part of the sector but its concentration on market making for most of the sector is not good.   
 
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