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 > Must Be The Chinese

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Post by Greenday on Feb 09, 2022 8:50pm

Must Be The Chinese

Who would Cameco say is looking for unanium supply out until 2039? With their long term planning and huge nuclear build out in the works, could very well be the Chinese.

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Comment by 199930 on Feb 10, 2022 10:03am

If so maybe the Chinese are actively working to suppress the spot price.

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Comment by Uraniuman308 on Feb 10, 2022 10:50am

probably controlling the price of gold as well!

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Comment by Uraniuman308 on Feb 10, 2022 10:52am

great business partners, what a bone head move by FCU that was! JMO

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Comment by Greenday on Feb 10, 2022 11:07am

@199930 - I don't think the Chinese really care what the spot price for uranium is. The market is thinly traded and it doesn't serve their needs. Their interests lie in the long term market and the security of supply for their reactor fleet. The people interested in the spot market is us and the handful of traders flipping some carry contracts back and forth. ...more

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