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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Fission Uranium Corp > It can mean only one thing

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Post by Dreaminthedream on Mar 25, 2021 3:47pm

It can mean only one thing

There seems to be a hurry for companies to buy actual physical uranium and hold it as an investment.

That can only mean that there is a heck of a lot more uranium out there than people knew or were prepared to admit to. I have often said that it is only the dreamers who think there is a shortage. In real life, there is too much available to cause any improvement in the SPOT PRICE.

So there is now an effort to create an artificial shortage.

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Comment by GovernanceQP on Mar 25, 2021 5:15pm

No one seems to know the exact numbers and no one seems to be talking about how stored product could be used for a purpose. Based on this presumption and getting back to FCU FCU made a whopper of a mistake signing the type of off-take that they did and this is without even taking into account that the spot price is very much a variable. FCU can't have it both ways by selling the idea of $140 ...more

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