RE:Speculation Premium
ILUVDIVIDENDS wrote: That's what NXE is enjoying right now. Once the resource comes out, this premium evapourates - poof! If NXE management is smart they will NEVER release a resource estimate, and just keep the likes of Cameco guessing until they can't take it any longer. That's the problem with FCU; the speculation premium is gone.
ILUVDIVIDENDS, by my observation you've been constantly run over by being on the wrong side of the market the last 3 years. Maybe if you aimed to do some proper DD, instead of shooting from the hip, you would find that even at its current price, $NXE is trading at a large discount to its neighbor at $FCU. When the maiden estimate comes out, and when the market applies a comparable multiple, $NXE's share price will see significant price improvement.
The above said, I understand you are a tough nut to crack. I've been saying for 3 years to FCU bagholders should rotate to NXE. You've seen your capital erode while ours has grown by multiples. Why listen now?