RE:RE:RE:RE:RE:RE:RE:RE:Wishful thinkingI'd say NXE has 300-400% upside from here on a take out / bidding war. Also very little downside risk due to the amount of indicated uranium all hosted in competent basement rock & on land.
The only chance FCU has at a double from here is by riding Nexgen's coat tails if they get bought out. All IMO.
Grayhawk50 wrote: $0.10 from it's 52 week high of 0.92. Nexgen had a 52 week high of $4.45, now trading at $3.32, or off 25%. Now, I ask everybody, who has the better risk/reward?
FCU by far. Dazzle58 wrote: How much is FCU down from its highs?
Grayhawk50 wrote: Dazzler,
Funny that you didn't mention that NXE is down $1.10 or a 25% loss from it's highs.
That's even after a great new RE. Just 100mm lbs short of what most of the pumpers like you were promoting.
What happened?? Down 25%.