Judging by today's market yawn at the current news, the idea
of any activity coming with respect to NXE anytime soon seems to be wishful thinking at best. Clearly, people who should know if something is likely to happen are not buying at the current price. Whether NXE is worth more or less than 50 cents a share is not relevant given nobody seems to think there is any urgency in either owning the shares or selling the shares. Given FCU's share price reflects about C$4 per pound in the ground. Today's price for NXE indicates that the market thinks NXE has either about 25 million pounds in the ground, or more pounds but that mining will be more expensive than for FCU. Either way, as I have said in the past, people on this board like to count their chickens before they hatch, 300 million pounds??? What a joke, at least at this stage of exploration.