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Bullboard - Stock Discussion Forum F3 Uranium Corp V.FUU

Alternate Symbol(s):  FUUFF

F3 Uranium Corp. is a uranium exploration company. The Company is advancing its newly discovered high-grade JR Zone and exploring additional mineralized zones on its 100%-owned Patterson Lake North (PLN) Project in the southwest Athabasca Basin. PLN is accessed by Provincial Highway 955, which transects the property, and the new JR Zone discovery is located over 25 kilometers (km) northwest of... see more

TSXV:FUU - Post Discussion

F3 Uranium Corp > Can someone explain ?
View:
Post by bomdrou99 on Dec 05, 2022 10:08am

Can someone explain ?

Why are private investors ready to pay $0.42 a share when they could buy it at $0.27?
Comment by Greenday on Dec 05, 2022 10:57am
@ bomdrou99 - There's a tax benefit that's associated with a flow through share.  FUU doesn't turn a profit so to put junior mining companies on a level playing field with companies that can claim tax deductions against their income, the tax code allows junior compaines to transfer the tax deductions that profit orientated have - to other taxpayers in the form of shares.  So ...more  
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