RE:When will all of this reflect itself in the share price?My expectation is that the price of uranium needs to increase before we see a rise in any of the uranium plays. When that happens it certainly won't hurt to have 4-500 million lbs of it. These are my thoughts anyway.
investornot wrote: Certainly not being negative, and not necessarily being impatient (though the question in the subject itself makes it appear to be). But... when will we see NXE share price rise as a result of the exceptional PEA and the ongoing drill results which only add to the asset value?
Did we rise too fast in late 2015 to early 2017 and it is taking longer as a result to resume the pace to higher levels?
I look at this as being 5 years out (minimum) and that will be contingent on the price of Uranium being strong enough to support it.
Why is this not a $4 stock now? Any rumours of buyouts or external events should have a very quick and certain impact on price here, but I'd rather it move towards a mine as the company stands now. Do we need an updated RE and the PFS for shareholders to realize the value here?
Bought more at this level as it doesn't add up but there has been nothing from the company to dissappoint either. Venting more than anything else I guess, and perhaps a little impatient to see the market cap rise as I believe it should be.