NXE Stock PriceLiist of sellers today over at NXE was mostly dealers. Bet you will see a finacing announced as they will need money and at today's stock price they would be crazy to wait . FCU is the better deposit and we seem to forget in the comparisons to allow for the 80 million cash they have. Last I heard NXE had 27 million and are spending heavy right now with 6 rigs turning and a million dollar road to build.
I sold all my NXE at a very nice profit but should have wait a couple more days. The current price will not last long unless another good hole shows up away from Arrow. They will have some more good holes with unfill drilling but they are already in the stock price, so any misses in infill drilling very bad news.
The current price here of 70 cents as compared to NXE at $2.50 is not rational and will not last. 100% guarantee the gap will close.