mesa1 wrote: JKMD43, apologies for appearing redundant. However, my updated summary of these facts have nothing to do with any conspiracy theory.
Are you inferring that all those past efforts by NXE supporters to migrate FCU shareholders to their over-hyped cause was directed centrally, maybe as one of NXE's IR firm's initiatives? Maybe so.
Are you suggesting that the ad hoc FCU dissident group's efforts to access the board room, oust current management, and take control of FCU's direction and potential willingness to align with competing interests was an organized conspiracy. Seems plausible
Or maybe you're recalling the Denison effort to convince everyone that a 1.26 to one share swap to bring FCU's assets under the Denison brand, and that obvious "invisible hand" in the trading of both stocks ahead of and after that merger announcement to make that an appealing alternative to shareholders. That too may have been some kind of conspiracy between aligned interests, involving broker-dealers and investment funds. Who really knows?
But my real points are as follows, for greater clarity:
1. All (ex Cantor) selling houses combined (21 of them) during the Cantor selling period only sold
5.8 million shares;
2. Cantor
by itself sold
10.2 million shares, dominating the market
every day for over 2 months;
3. Cantor's sales program is essentially over this week;
4. NXE will need to turn over a block of 32.8 million new shares they just discounted down to 64-cents, and paid a 6% commission off the top to place;
5. FCU has eliminated any need to create new shares at any price for 3+ years following the raising of $82 million at a
25% premium to the market, no commish;
6. FCU is totally derisked, and has a quality Preliminary Feasibility Study (using real-life cutoff parameters etc) showing world-beating economics;
7. NXE has a less liquid, tighter structure, and has been aggressively promoting and managing their share price;
8. NXE's been aggressively promoted having massive bluesky using very questionable parameters like using a 0.01 cut off grade, has been shopping for a supportive 43-101 report, and has no shame suggesting via their red-blobbing diagrams that there's economic ore above 400M down, etc.
I could go on and on ... but don't want to sound redundant ... ;-)
JKMD43 wrote: Hey Mesa,
Thanks for posting the same redundant conspiracy theories over and over again.
There is one big question you should ask yourself , why can't FCU gain momentum after relentless advertisting, BB cheerleading and misinformation, releasing a NI43-101 and PEA, and receiving $82,000,000 cash?
It would seem to me that no one is listening to the story anymore...
... and since we are putting speculations out there,
Maybe CF saw greener grass somewhere else..
Maybe DML/FCU/CGN is not off the table as much as people think and dilution could follow..
Maybe NXE's Arrow is going to cast a shadow on FCU and CF wants to be in the light..
Maybe PLS isn't as economical as the PEA says...
Maybe CGN did approach NXE and NXE said no way jose...
Maybe FCU insiders decided to buy shares because they needed to gain shareholder confidence back after what has happened over the last year...
Maybe all your theories are right...or maybe they are not..
Too many maybes and not enough facts.
In any case, NXE is now at $0.80 since 2013 and momentum keeps building. FCU is at $0.66 with $82mm cash, PEA, NI43-101, newly discovered R600W zone etc..
What is everyone missing?
..and please do not post the 'Life Cycle of a Junior Explorer"..