Fission Uranium Corp T.FCU

Cigar Lake Restart

[Uraniuman308]

Some are actually saying the restart of Cigar and the McLean Lake Mill is a good thing, good grief!!!   Good for Cameco and Orano but horrible news for FCU.  JMO

[Dreaminthedream]

The market sure was NOT impressed with Cameco's announcement. It seems to think that the restart will suppress the SPOT PRICE. Rick Rule thinks it is a sign that the "game is on". Quakes keeps retweeting tweets from the last few weeks. What does it all really mean?

[Uraniuman308]

I believe those that are saying the Cigar restart is positive got caught off guard with Cameco's announcement.  Having increased their positions believing Cigar would be down much longer they are simply trying to shore up the spot price so they can get out.  Remember, FCU is uneconomic at anything less than $50/lb and yet is locked in to selling to CGN a large percentage regardless

[Uraniuman308]

[LeroyZanzibar]

Every drum of #uranium produced for Cameco at Cigar mine already has a "SOLD" sign on it. It's like an overheated condo market... Cameco is resuming construction of a large block of condos that were already sold years ago. Does nothing to restore supply to meet new market demand.

[LeroyZanzibar]

https://twitter.com/uraniuminsider/status/1380901255233425410?s=19

[GovernanceQP]

The John Quakes tweet analogies are as comical as ever who pays this nitwit.

[windywolf]

Buying.

[GovernanceQP]

NXE - very prudent

[mlcb2525]

It is amazing how you continuely reinforce the fact that you are the world's worst investor.......

[Uraniuman308]

A very interesting TELL in Quakes's post on his take with regards to Cameco and Orano's announcement to reopen the Cigar Lake Mine and McLean Lake mill.   "we'll be watching" with the word We'll, does anyone truly believe we are reading one persons unsolicited opinion?  JMO

[GovernanceQP]

I am certain John Quakes is getting thoughts and ideas from those that are essentially desperate to see the spot price go up. If a company has a good project they will sign the good term contracts so who cares what happens to the spot price. I can see a reason why Cameco is happy to see the spot dither. Perhaps Cameco will do a modified version of a Kazatomprom. What ever happened to that FCU

[mlcb2525]

The same can be said of you. John, has proven to be the worst predictor of U price and you have proven that you are the world's worst investor..................