RE:RE:Seeking IQIt doesnt take a genius to see through the "Johnny come lately" that signs up, asks a loaded question pointed toward the "YES" vote, answered promptly by the eager respondent, and then states there has been no logical post from the "No" camp. If you were truely interested in a synopsis from the No you could read the last month worth of posts including a fabulous synopsis yesterday afternoon but lets be honest, thats not what you are here for.
ArtL5989 wrote: Thank you torriddog. I don't know the history so I appreciate the current logic. It seems to me that the discoveries, no matter how great, are just assets in the ground until a lot of money is put into developing an operating mine. Assuming the money is available to open the mine, then what do you do with the goods if there is no capacity available at the mill? If I were an end user I'd be most likely to enter into a long term contract with an operation that could deliver the finished goods to my powerplant. I'm not confident that spending money to continue drilling for the sole purpose of expanding the field is a wise use of available cash. If the assets are in the ground undiscovered now, they will still be there in a few years. Nobody seems willing to buy potential now so the stock price will likely remain low or go lower with a No vote. It seems to me that the logical way to increase FCU share value is to link up with a developer that is closer to being ready to deliver when the market for U3O8 turns. Kind of a 'bird in hand worth two in the bush' scenario. Thanks again. Still looking for a No camp logical post.