Inferred/ IndicatedI think by now most regular posters on this board understand the difference. Nobody is trying to say that most of inferred will not move to indicated.
The issue is that in a deep deposit this costs a pile of cash to complete. In a very strong and healthy market lots of investors/ producers may assume inferred is the same as indicated and thats is the main issue.
The uranium market is heading in the right direction but needs the U308 price to start to move up.
Bottom line for me remains in the current market conditions , there is not a chance an offer will appear at a reasonable price, if most of the ore is classed inferred.
NXE/ FCU hatred comes from pumping here by NXE investors with silly claims about size of Arrow . This has been going on for moths and I think is caused by activity on this site is far greater than most sites. The NXE board usually goes through a day with a few posts and most of them contain nothing new.
Anyway ignore button works very good and if other posters would stop attaching worthless stuff, most of us would never see the garbage !!