Fission Uranium Corp T.FCU

Investment Dealers Freaking Out

[Greenday]

Most will have noticed that the investment dealers who raise funds for exploration companies in the basin are almost unanimously pressing for a competing bid for FCU.  The investment dealers didn't have a problem selling FCU issuance (over-subscribed) at .58x NAV or thereabouts, but now they're sticking to their much higher price targets for FCU.  So why is that?  Why did the investment dealers even just recently sell cheap FCU paper and now claim that FCU's merger price is too cheap?  

Don't get me wrong, the merger price is too cheap but it also means that as TT has already suggested, the paper for the project down the road from FCU is wildly overpriced.  Same for the other exploration companies in the basin, many of which the investment dealers have on their books.

Solution for the investment dealers?  Re-rate the sector!  Change the modeling!  Starting today all exploration companies in the basin are trading for too cheap!  And in the investment dealers market notes, it's what they say they're starting to do.

[REPS346]

....and how would you know that the Investment Dealers are Freaking Out?

[Greenday]

@ REPS346 - The investment dealers got what they were asking for and now they don't like it.  None of the capital raises they did for uranium companies in the basin had to be withdrawn because of a lack of interest.  All of the deals were either fully subscribed or over subscribed because they were selling issuance at significant discounts to NAV.  The investment dealers were

[SmokeyOB]

NXE is overpriced, maybe if they had the Federal Environmental done their share price would be correct. Just look at BKM, one of North America's best copper reserves held up by the most over entitled cultures.  Just saying things can always go sideways and a resources currently for 10.7 years? Although things could go up, or down now you can look at shore gold for the one of the largest

[settoretire]

I'm glad someone "finally " can see the forest for the trees. Nexgen is not the be all uranium deposit you think it is. Kinda reminds me of PMET. All hype to keep the SP higher than it should be.