RE: Canaccord theory: FIU buys Ur-EnergyI feel this is unlikely in the near- intermediate term.
FIU's last reports seem to indicate they are keeping their funds close to hand until they are running higher profit on gold production. The new building plans essentially minimise cost to get the higher rate of gold output in the shortest time possible.
MWS output increasing. and this year ends AAB's 4% (?) royality. Which converts either to 1% or disappears into S&J shares. Decreasing MWS costs another chunk.
They sent their cash refurbing the shaft for optimum gold output and pushed back the uranium output for a few months.
This queater they expect roughly 12K oz from MWS and 6K oz from piled up material processing.
These actions seem to make an acqusition unlikely in the next 6mo. They spelled out all their costing over the next while.