RE:PEA Results@toriddog - why the constant NXE negativity? Serves no purpose: its all good news for the entire Western Athabasca region. NXE is defining their resource based on stellar drill results this year, so why not expand the drill program before their initial RE 43-101? That's a good move and they are cashed up well into late 2016 based on previous over-subscribed financing. This is what FCU did last year and we didn't see this same level of negative posts from you for FCU during their process. The more U3O8 pounds in the area, the better and more economical for all. FCU could even charge them for mill use, and there you go = next-door cash flow. So "Go FCU and NXE Go" --- and NO to the DML takeover offer, and YES to an early superior bid on a great FCU PEA!
toriddog wrote: The report is all we could have hoped for and payback of cost in 1.4 years. Doubt there is a mine anywhere with that short of payback period. Nosleep NXE deposit needs a 43-101 and the delay tells me and FCU management ,that the numbers if done today not even close to PLS. They need to spend a pile more cash and very unlikely to get results the FCU keeps getting. FCU drill results stand in a category alone by a wide margin.
If the PEA today does not bring an early bid nothing will !