RE:RE:RE:RE:RE:Repost - New interview with COO Ross McElroy Youtube versionNXE has plenty of cash with little chance of going to bankers to raise money for some time
so saying the analysts are only covering NXE because of potential business is false.
Almost all the analysts have NXE as their top pick.
With regards to Hedge Fund promotion. The reason NXE has hedge fund promotion is that the smart money is all in NXE.
At this conjuncture FCU is now a play on the spot price with development way down the line if there is no pre-feasibility for 3 years whereas NXE is a play on both a takeover (because it is an emerging tier 1 asset) and mine development.
juro777 - (12/7/2016 10:55:33 AM) RE:RE:RE:RE:Repost - New interview with COO Ross McElroy Youtube version I don't consider pumping or bashing on this board to have any material effect on a stock price. When I said pumping, I meant by analysts and hedge funds. It's obvious to see that since FCU abandoned the conventional way of raising funds in lieu of going with their ~20% stake with CGN, analysts stopped covering them. NXE has been pumped by Mr. Irwin and analysts moreso as of late. Typically whenever hedge funds get involved retail investors get excited. Don't get me wrong, that's great for shareholders who took advantage and made a profit, but I was just responding to your original comment.
EFR and CCO are producers and both have had their reasons recently for a bit of a rebound. For CCO, it was their positive quarter results and for EFR it was the sense that spot has bottomed out, so forward looking investors look at it as "we can only go up". Explorers generally lag a bit behind producers, so I would expect to see a rebound in companies like FCU, DML, PTU, FUU and the like in the future. If you compare FCU to equitities who are exclusively explorers, save for NXE for the reasons above, you will see that they have been tracking spot in its downward trend.