RE:RE:RE:RE:my thoughtsCan't really say whether or not there is anything there since we don't have any results yet. You could be right or you could be wrong. The indications are that there is something there for a trio of good reasons. The first is that just a few km to the north East of Harpoon is Spitfire which has Uranium deposits. Secondly the geomagnetic data looks very similar to the Spitfire area (and to Arrow) and thirdly the scintillometer readings indicate that there is something radioactive down the holes. Now it could be radioactive fruit juice but my guess is that it is Uranium...not too many things are that radioactive. So while you may argue that there is nothing there based on old reports (recall the Western Athabaska was supposed to be a Uranium wasteland yet it now hosts one of the worlds best deposits called Arrow) I prefer to let the data speak for itself.
Doing assays does not take that long...high or low grade...that is irrelevant. Negotiations DO take that long and, since Rio already has an interest in Harpoon AND is looking for somewhere to expand its Uranium business my hunch is that Harpoon will be sold to Rio and allow NXE to focus on building the Arrow mine.
But who knows. Point is we all want to make money with NXE and speculation does not add any value. I am always a long term investor so daily fluctuations and gossip are not very important to me (although like all humans I do like to be proved right :). Patience is what makes you wealthy.
Hope you all make lots of money from NXE...I think we have only just started this ride. Rob Chang made some very positive comments on a few Uranium companies and I like his logic. Like all of us his timing has been a few years off (for reasons already stated here) but the fundamental argumenta still hold true. Every day the worlds reactors burn more of the above ground supply of fuel. It is just a matter of time when there is none. Then the price will hit the roof like it has done twice before under similar circumstances.
When cheap to mine Uranium hits high term contract prices you have a very very valuable company.
Great investing all.....just be patient. Sit back and relax while NexGen makes you a millionairre.
That is all you have to do...if you have the stock that is.
Malcolm