RE:RE:RE:RE:RE:Cantor Fitzgerald disappointed with RE, reduces targetHe shouldn't be worried about the public record but the reality record, 6-700 million shares if they can actually find someone to finance that,and no mojo, who will finance that....
Dazzle58 wrote: Imagine that, Rover bashing NXE.
Rover90 wrote: Thanks skrank, given that FCU is on the public record as such....yes 2yrs plus.
Within the next two weeks per Nxe 2016 timing they should report their YE Dec 31, 2016 numbers. As you know I have been tracking their misreporting in my post....sad. We have Curvers on record woth Andy to "trust and verify".
Nxe seemed to have changed to say "cash" lately. Waiting for those fin documents to see what their liabilities / payables are and if their "cash" reported is net those.....cant wait. Stay tuned.
Expect a posting!
shrink wrote: Since you're a fission bag holder I'll ask you about their current cash burn rate, latest sedar shows that they are really going through the cash. Will they last another 12 months?
Rover90 wrote: The following news from CF Rob Chang is devastating to Nxe plan not go to the market and raise funds...........
"PEA to come & possibly U/G drilling – A PEA is expected for Q3/17. Moreover, the company is currently assessing whether to commence a drill program underground in order to better understand the deposit when designing a mine plan".
Looks like Quakes was right in calling for Nxe to consider sinking a shaft to conduct underground drilling. Another "skeleton in the closet" we are starting to hear about.........Harpooned assays 7 months and counting. Oh my my.
quakes99 wrote: Was really surprised by Rob Chang's "Bottom Line" heading that says "Mostly Negative" while going on to say that the Market was making a mistake by selling on disappointment in the results. Reduced the CF target from $5.50 down to $5.15 due to RE not meeting CF's own expectation of 350-400M lbs.
You can read the full report at this link:
https://www.cantorcanada.com/pdfFiles/20170306NXE.pdf Cheers!