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Bullboard - Stock Discussion Forum Fission Uranium Corp T.FCU

Alternate Symbol(s):  FCUUF

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

TSX:FCU - Post Discussion

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Post by Greenday on Jul 14, 2021 1:56pm

How Far

The walk back all started with the fake CNN report a few weeks back.  How far do the shorters dare to walk back uranium stocks before they explode on them?
Comment by 199930 on Jul 14, 2021 2:05pm
What is the current short interest and how much has it increased?
Comment by Dreaminthedream on Jul 14, 2021 2:22pm
I think that the fundamentals for uranium have been super exaggerated, especially on the supply side. There is more uranium available than is known. That is why the spot price has NOT moved up and why US utilities are not doing new contracts. Quakes is full of manure. Fresh and old.
Comment by 199930 on Jul 14, 2021 3:27pm
Sure looks that way.
Comment by zum2020 on Jul 14, 2021 3:46pm
Re supply calculation, could you not add up all urnaium miners and add up the inventory and the production rate. Why would this be so unknown? I can only guess there is more things that impacts the near term spot price.
Comment by Greenday on Jul 14, 2021 5:09pm
@ zum2020 - The spot price on June 15 had a bid / ask of 32.25 / 32.60.  Today the bid / ask is 32.25 / 32.75. So the bid is the same as it was a month ago and the ask is .15 higher but equity prices have dipped.   
Comment by Greenday on Jul 14, 2021 4:23pm
@199930 - The fake news reported by CNN was in the middle of June.   Short interest on June 20 was 5,586,221.  Short interest June 29 was 7,571,315.  
Comment by 199930 on Jul 14, 2021 6:26pm
K thanks.
Comment by mlcb2525 on Jul 14, 2021 2:27pm
There is no bright day for U in the medium turn. Quakes has been proven wrong for 10 years. The story certainly sounds good (which is why I initially got in CCO, DML & FCU) but the reality, there is a major distrust of this form of energy. While the operating cost are low the upfront cost is signficant as is the risk. I have traded CCO & DML and have made a profit, but I will likely not ...more  
Comment by ustocks on Jul 14, 2021 8:11pm
you people are all just dreamers. this stock will reverse to 30 cents until the seasonality  returns. Do not kid yourselves  
Comment by Dreaminthedream on Jul 15, 2021 10:37am
Another very RED day for most Uranium stocks. Cameco is getting butchered. Not a good sign. QUAKES must be quaking in his sandals. He continues his 6 year reign as the king of errors. His bull market just keeps forgetting to show up. And all his catalysts come and go without any benefit. Just wait. His prediction about Sprott being a game changer is going to fizzle too. There might be a short ...more  
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