RE:RE:has the easy money already been made?Well said Malcolm2001 - I think there is no doubt that the Arrow Deposit will become one of the largest and most economically viable deposits in the world.
cheers
Malcolm2001 wrote: Short term thinking does not make you much money. Long term thinking does. If you keep thinking like you do...worrying about Brexit....worrying about what the crowd does you'll go broke. Neither you nor I know whether these things are "factored in". Unless you are in the mind of every person that buys or sells a stock in a given day or week you cannot possibly know. Focus on what you DO know and what a big part of the investing world does not.
1. NexGen has a large high grade deposit of Uranium. That's not to say that there are not other good deposits...buy them too.
2. The price of Uranium cannot stay at this low level. Sustained prices of < 30 bucks will put all except the state owned outfits out of business...including Cameco eventually.
3.About 99% of the worlds investors think nuclear power is finished.
So stop second guessing whether this factor or that factor is incorporated into the price and invest with a 10 year time horizon and a $20.00 stock price.
You will be pleased you did.