RE:When a Fissionowner is NOT a Fission Owner
Hi Quakes, nice post. I own a lot of shares, but rarely post because, what is the point. I have a lot of experience with mining stocks and know that what FCU has makes it a long term hold, nothing much else to say. I do not think what is said on a BB is going to make any difference to the final buyout price. Here is why, FCU not only has a good asset, it has an asset which will make the owner a very low cost producer. So if you are one of the top uranium producers in the world, do you want to own the lowest cost producing mine or do you want to let your competitor have it and be able to under cut your prices. The answer is clear, you want to own it and be in the drivers seat. So who ever starts the bidding, is unlikely to be the one and only bidder. The others have no choice but to jump in and try and get the low cost production for themselves or at least make their competitor pay through the nose for it, so that the competitor cannot have a lower cost uranium source than they have. So here I sit owning a ton of shares and sleeping very well at night, while ignoring the background noise from people with hidden agendas. Every stock that I ever owned that got bought out went through the same growing pains.