FCU DilutionMust keep in mind not a lot of difference in share totals FCU/NXE if you remove the Chinese purchase. The cash they paid is still sitting in the bank and cost 85 cents per share. FCU is far ahead in the drilling, and economics of the deposits favour PLS by a wide margin.
By the time NXE gets Arrow to where PLS sits today, the outstanding shares of NXE will exceed FCU and who knows where thier share price will end up. No more dilution at FCU for at least two years.
FCU best place to park money in this sector, without a doubt. My cost on my holdings less than 40 cents per share so no complaining here just keep adding as I have spare cash. FCU will also be at the top of the list for a takeover is the deposit stands alone for value and time to get into production.