RE:RE:RE:RE:RE:Here again looking to buy the best of the bestWouldn't co funding a mill be up to NXE to invite FCU to participate? Why would NXE want to build capaciy beyond what they need even if FCU was funding the extra capacity? Why would NXE want to work with Dev?
Malcolm2001 wrote: Yes - I am originally from that part of the world. I was a control room operator at a nuclear plant there for years so know a little bit about nuclear power. I don't know what these specific companies are up to....although I will investigate that...however it is not at all surprising to me that investment companies like these would be looking to quietly scoop up Canadaian (and Australian) mining stocks on the cheap. The UK has (at long last) finally realised that nuclear power is the way to power their economy and they don't have any Uranium. So once the big plants at Hickley Point, Wylfa, Bradwell and elsewhere are constructed they are going to need a big pile of Uranium from a stable country...hence NexGen. These people are looking out 10 years and clearly see NexGen as a bargain at 3 bucks or so (which it is) as well as the others in the region. They are doing exactly what I have been doing. Buying across the board and weighting the size of their positions based on drill results. That is why NXE is #1 and FCU #5. Stangely enough I have NXE as my #1 and FCU as my #4 in terms of stock numbers purchased but I think that is because I foresee a joint venture mill being set up to mill the material after it is mined. They will not want to truck it up to Cluff Lake and not sure if that mill is still in operable condition.
Interesting post emptytown. I am sure they have folks gathering information from many sources to make their decisions.