RE:best we stop bashing nxeWhat will it cost to extract Fission's shallow uranium out of a water charged open pit? Is it even feasible? Maybe that's why the market is valuing Nexgen's uranium at a higher valuation compared to Fission's. But then again, what does the market know?
bull_man wrote: they closed at $4.21 today; we closed at 88 cents today; if we take enterprise value of both companies (because NXE has debt, and we don't), and excluding any effect from the dilution of stock options and cash in the bank, just for argument sake, NXE is being valued at close to CDN$7.00/lb while FCU is valued at around CDN$4.00/lb......now, aren't we the ones that are "shallow", "open-pitable" with the majority of the resource "indicated"????? why are they getting a full $3.00/lb more than we are? is it the "pompous" dev effect? is it the lake? what is it guys???