RE:RE:NXE looking unstoppable going into RE2Well, judging by PMG's track record here (and as I am a one time non-beleiver in Technical Analysis) he has been right more times than he has been wrong. So let us have your predictions in writing and then we can compare performance.
It does not matter much to me what the stock does in the short term which is why I don't follow TA very closely - although PMG has piquerd my interest in it based on the alccuracy of his forecasts.
The point being made here is that there is significant buying ahead of the resource estimate and I strongly suspect that the recent buyers know this is going to be a good one. Most analysts put it at 300MLb but I will stick my neck out and say this will be in the 400 - 500 MLb range. Some of the holes included in this upcoming estimate are just spectacular. Scissor hole AR-16-111c2 is an outstanding example. here are the assay results from it.
Scissor hole AR-16-111c2 returned 30.0 m at 15.07% U3O8?including 6.0 m at 51.97% U3O8 which included 2.0 m at 68.20% U3O8 both inside and outside the A2 High Grade Domain.
If you are not totally blown away by results like 6 meters (20 feet) at nearly 52% uranium then you shouldn't invest in Uranium. These numbers once translated into an RE are going to bring in some serious investors.
So always willing to listen to other viewpoints but please lay off the snarky comments - it just places you into the "idiot" box and I will be reluctant to read what you say.
M