RE:RE:RE:GOOD FOR REGION..FCU BENEFITS TOOAgain I am happy for you and the other NXE shareholders but I do not own any at this time and I dont appreciate your conduct, but you already know that........
For those who are legit shareholders of FCU, this news is a good thing for the whole basin. Maybe Ross should start spacing out the holes!
letsgetready wrote: Didn't CCO say they would only be interested in the region if there was only over 300 million pounds there..well there is now..FCU will expand but will likely pay second fiddle to NXE now. imho.
ILUVDIVIDENDS wrote: There will only be one mill. I see consolidation of the two mining properties, and perhaps others, as the next logical step. As of today NexGen is driving the bus, not Dev.
letsgetready wrote: Consolidation Potential. Regional consolidation with nearby western Athabasca Basin players like Fission (whose 108 Mlbs Triple R deposit at PLS, contiguous to the west, is itself world class) or Areva/UEX Shea Creek deposit is also a possibility. Recall, there is no processing facility on the western side of the Athabasca Basin prior to production, either a mill would need to be constructed, or logistical hurdles would have to be overcome to deliver feed to existing mills on the Basins east side. We note, however, that we do not view consolidation as a prerequisite for development given Arrow has now demonstrated the foundation for stand-alone viability. In any event, the success achieved by NexGen at Arrow should be viewed as a success for the district and all those operating within it, as bidders both mining companies and equity investors increasingly have a second valid option in the Basin in which to deploy capital.