Bullboard - Stock Discussion Forum Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized... see more

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TSX:FCU - Post Discussion

Fission Uranium Corp > published spot price means nothing. steady decline in 2021.

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Post by zum2020 on Mar 02, 2021 9:49pm

published spot price means nothing. steady decline in 2021.

I guess the spot price is not to be believed.

I thought spot price was the most and the best indicator about the uranium sector.

Thus far there were major supply disruptions by Cameco and Kazatomprom and talk about needing to buy on the market to fulfill contracts & and virtually 100% general opinion that the demand is further increasing by the utilities.

This only makes me believe that this published spot price means nothing.

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Comment by GovernanceQP on Mar 02, 2021 10:00pm

Spot price is relevant when you sign an agreement to sell your uranium linked to the spot price.

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Comment by Uraniuman308 on Mar 03, 2021 12:04pm

exactly! I suspect the original comment was nothing more than an attempted distraction from a certain narrative that NEVER seems to come to fruition. JMO

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