quakes99 wrote: You only have to look at the 18-month chart of FCU plotted against DML to see that all the Basher BS is just that... total BS. FCU and DML have both been following the same trend now for over a year and a half, as the market has been assigning them a similar Market Cap vs the price of Uranium. This week we've seen both Fission and Denison decouple from the U Spot price for the first time this year. Today it appears that the run-up was simply the market moving Fission back up to trade at par with Denison. Seems the most likely reason when you look at the chart.
It's got absolutely nothing to do with the lake, Management, CGN taking a 20% stake, CGN signing an Offtake Agreement, or whatever other reasons the Bashing Brigade dreams up... zero, nada, SFA to do with anything "company specific". It's all been about the price of Uranium and the relative Market Caps of these two companies. Charts don't lie... bashers lie!
If US investors (with deep pockets) are now being encouraged to re-enter Uranium stocks, as mesa1 pointed out, then we may see more strong volume days ahead... or not... no one can predict what the market will do from day to day... only make educated guesses based on historical trends.
One thing is certain... investors are beginning to discard the relationship of U Spot Price with U equities, which makes sense as markets are forward-looking with investors begining to buy U stocks now in anticipation of U prices moving up very soon.... as appears to be the case this week.
The bashers believe that if they tell the same lies over and over ad nauseum then we will begin to think they are facts. The charts expose their BS for what it really is... a pack of lies that will always be lies no matter how many times they are repeated.
Good luck to all the longs who have been waiting for the first signs of a new U rally.... as we may be seeing green shoots of that as we enter into the Summer drilling season. Or not... no one can say for sure when you are dealing with a fickle and unpredictable market.
Do your own due diligence and invest according to your own interpretation of the charts, your own investment thesis, goals, and style unique to you.
Cheers!