RE:RE:RE:Arrow and PLS deposits.Ever heard of a coffer dam?
Sure. A coffer dam was used in the NWT around a diamond pipe located in a lake. Whether or not building a coffer dam around the resource in Paterson Lake is economic, or how the cost of building such a coffer dam would impact the economic viability of developing the resouce is unknown at this time and a very large risk as that is where most of FCU's resources are located. At this point in time, assuming that FCU's deposit is economic is a huge risk.
Comparing NXE and FCU, I see overall higher grades at NXE and potential for more pounds of uranium than FCU, and have invested accordingly. Also, I don't see either company being taken over until it is clear which is the superior opportunity. I doubt there is a second place and the lessor quality resource may well end up on the shelf for a long time, turning shareholders into bag holders.