RE:A mutual fund selling last shares and 9 new high grade holesOh .... and for those that don't follow Quakes on twitter, Fission already has the BEST in the WORLD of ANY RESOURCE mining drill hole for 2018 already YTD.
If you look at the hole results released today - one of those looks like it could also easily rival the one from the winter program that is best in world YTD. Gold, copper, platinum, whatever resource - BEST in the world drilling result.
135 meteres of high grade U, 15 meters over 10000 cps, and all under 300 meters below ground.....
- in the old days a hole like that alone would move a stock pennies upwards.
FCU hit 9 for 9 high grade and say some were even better than expects (because they knew 780E is already amazing).....
But, those should move a lot of inferred into indicated for that side of FCU's deposit
So, it is either a good time to bail out or perhaps a good time to get in LATE, compared to many that have held FCU, DML, and NXE for a few years, at super cheap prices.
Only thing that makes me sad is we weren't able to drill the helll out of the west side and expand those areas and turn those from inferred to indicated. Our economics will be out to date the minute they are released. And the under land pounds completely undervalued STILL once PFS done - but I guess that is always the case. More significant in FCU's case because the newer zones are shallow, high grade, and under land - and will be cheapest of all to mind - but until indicated status, don't factor into the EA's or PFS's - at least there is still already proven upside....
What a bargain at these prices.