RE:Re Pure Playtoriddog wrote: There is no doubt in my mind that uranium stocks will all move up sharply as soon as Japanese reactors start going back on stream and China/India start to lock up long term supplies of fuel.
So any investor with a short term view will get a nice gain regardless what happens to the merger.
I really don't care one way or the other. Anybody that does not need the money and can hold for a few years will very likely end up with a very large gain.
Any short term stock price issues, I will welcome as a way to add to my holdings. After FCU sold, no more exporation stocks for me, just get a producer with a dividend and hold for the long term.
A NXE/FCU merger would be nice but the bad blood between Ainswoth/Dev /Ross probably makes this very unlikely. I don't think Arrow is a profitable deposit anyway. Too small and Too deep.
You and everyone else expect a "sharp upmove" after Japanese restarts. Thus the chances this won't happen (or the opposite, even) are quite big. Let's be honest; with all commodities in the toilet, uranium won't be the lone wolf rebounding. Sure, some say uranium has "escaped" the commodities sell-off, but let's not forget it's at 36ish / pound. One could say uranium has tanked LONG BEFORE the other commodities did.