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 > Typo Or No Spot Offer?

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Post by Greenday on Jan 25, 2024 4:46pm

Typo Or No Spot Offer?

The price on spot uranium according to Numerco fell $3.00 to $101/lb today. Yesterdays bid and offer was $102 / $106 but Numerco's print today shows a bid of $100/lb and an offer of $99,900/lb.

Either Numerco had a typo or there is nothing for sale. Possible that yesterday's $106 offer was dumped at $100 today and there are no sell orders left - hence the $99,900/lb offer today.

DML's Cates on X said that the spot market is thin and volitile so it's quite possible that there is currently nothing for sale in the spot market.

The January and February forward spot market is printing asks of $10,200 before dropping back to $106 in March.

So unless some sellers appear, it really does appears that there presently is no uranium out there for sale.

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