RE:RE:RE:RE:Looks like NXE merging with FCU Arrow is basement hosted and has some very high grade stuff.....they likely have a lot of pounds.
However FCU has $82M vs $35M and an off take......for me that makes FCU more de-risked...
That being said NXE is nothing to sneeze at.....
An investor would do well to hold both.....
letsgetready wrote: All the analysts seems to agree Arrow is bigger than PLS, and the market is now saying so. PLS is derisked and shallower, so that makes PLS's pounds worth more on a per pound basis than Arrow. Stripping out the cash, NXE's market cap is now larger than FCU's. So the corollary is that the market knows Arrow is bigger in total pounds than PLS (given the per pound amount is likely less). Arrow is awaiting a re-rating related to the issue of its resource calculation, which should increase NXE's analyst's targets. The resource calc'n by the way won't include some astounding holes. Cantor F. sold FCU and bought NXE. This tells you that, unfortunately, it will be tougher for FCU to gain traction in the market than NXE. That's what we've witnessed in the market the last month as NXE has steamrollered ahead. As the analysts are, for the most part, firmly behind NXE now this may not abate. The share price difference (NXE market cap) will increase and possibly lead to NXE taking out FCU down the road. I won't say its probable, just very possible. Its at least 12-18 months away. It might be time for FCU management to face facts and see if it can do a deal with NXE now. However, the bad mouthing of the Arrow project by FCU may hinder this possibility. I don't expect the FCU insiders and IR reps here to like this message but its jmho.
Greenday wrote: @ letsgetready - You were instumental in having the DML premium throw out the window and you're not talking any sense again. If the analysts firms think that Arrow is bigger than RRR, then why do they have higher per share price targets for FCU?