RE:RE:Analysts Were WrongI dont think anyone is arguing that it isnt a world class deposit. What the realists who arent blinded by the euphoria of their seemingly new found riches(and who arent deceitful) are arguing is that despite it being a world class deposit, it has been a ten bagger in just over a year, and a four bagger in weeks, while the fundamentals of U are terrible right now.
If many took a step back and removed the emotion, they would realize that selling and locking in a tremendous gain was likely the right move and that is what has happened with the smart money. If you believe yourself, you are going to be one of the bagholders.
I would like to take a position if the right price presents itself and that price is significantly less than today. I say that not as a "basher" but as my honest opinion.
There is another world class deposit next door that is languishing and there are profitable companies such as URE with contracts at long term prices that are doing the same.
There is a financing coming, expensive infill drilling coming, and this play is now on the wrong side of the cycle.
quote=richardboodrow2]Analysts don't become wrong because of one down day. NXE is a world class discovery and the analysts have been cautious. There is plenty of upside to this amazing story. GLTA[/quote]