RE:RE:RE:SP ManipulationPretty much what I am thinking. Some investors might feel one of the two companies has more potential for higher total pounds than the other and/or some investors might feel that one will be easier/cheaper to mine - that might have affect on current share price too.....
I have long felt FCU, at current market share price is undervalued, with or without NXE being looked at as part of the equation. On the one hand NXE is a rival if both want to be the first to be sold. On the other, if the buyer buys both and/or they partner up, both companies Cap Expenditures could have significant savings and other synergies could be enjoyed.
As a value type investor, I think FCU is a bargain right now.
If you are a momentum type investor, NXE is probably more exciting right now.
Again, I don't know if it will play out according to script, but the Explorer graph that is often posted on this board leading up to Production comes to mind. Will both companies follow the pattern of that graph closely, and where do they fall on the graph now...?