RE:RE:RE:Lundin refreshes buyThanks presclubs and quakes. Your posts are helpful, providing good context for where the FCU story is at the moment, and PLS generally. I'm firmly in the long camp. Even though the share price may swing back and forth at times, as it did last summer and fall, I think the risk is pretty much out of this play (as Malcolm Fox at Seeking Alpha has said) and the best option is to stay on the train until a sale is announced, hopefully not until well into next year. The longer FCU can hold off the better, though PLS is so compelling - looking ahead a decade or so to when it might actually be mined, and what the global price of uranium will be then, and the phenomenal profits it will generate for whoever buys it, that it would not be surprising (as lots of others on the board have noted) for the buyout to come sooner rather than later.
For me FCU became a value story many months ago, and while risk can never be eliminated entirely, I can't imagine a better exploration story to bet on. One of the people on BNN, a conservative man generally, once said that when an investment opportunity comes along that you have investigated thoroughly and are sure of, go big. FCU is as close to that as anything in the exploration sector that I've seen, so I've taken his advice.