Bullboard - Stock Discussion Forum F3 Uranium Corp V.FUU

Alternate Symbol(s): FUUFF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:FUU - Post Discussion

F3 Uranium Corp > Confused.

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Post by 13X2413 on Oct 06, 2023 10:22am

Confused.

Thought today's news would have been a boost. No excitement whatsoever.

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Comment by Laphroig on Oct 06, 2023 10:44am

I guess because many are wondering about the next moves and their impacts on the potential for FUU shareholders' payoff to be diluted. FUU cashed up to 25M and raises 15M more, FCU cashed up to 40M and raises 9M more. DML gets a 6% interest in FUU. It appears Dev is making a move - but he has a broader perspective and wider interests than FUU shareholders do. Timing is the question for ...more

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Comment by Uraniuman308 on Oct 06, 2023 11:25am

A company with an "unproven" asset taking on debt seldom works out well for existing shareholders. It's "win win" for DML but Dev is rolling the dice with shareholder money. China got the better of FCU and DML may have just "one upped" FUU. Some have referred to these as "mis steps". JMO

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F3 Uranium Corp