RE:RE:head in the sand mentalityThere is no doubt that there are many factors that affect this market and it is very hard to predict. Investors should prepare for the turn around in Uranium which may take several years. I certainly have not said that there will be some magic event that will cause FCU prices to increase in 2018. More than likely things will change around 2020 but many more Japanese reactors need to restart and there needs to be some supply driven catalyst that gets fuel buyers buying again.
The only way to play the Uranium market is to strategically place your investments amongst those companies that have good deposits and will be approaching production within a reasonable time frame. While I see you are critical of FCU the part missed is that whatever management there is does not change the sizeable deposit they have. Many factors go into stock selection. It is not Apple picking and one needs a careful and disciplined approach. My weight in various Uranium companies changes with time and stock price and management performance and a host of other factors but generally the total invested increases with time whilst the stock prices are so low.
I do not disagree with you that management is an important factor and of the two I prefer NXE over FCU on this measure BUT FCU is only 67c while NXE is a bout 2 bucks more expensive.
The underlying commodity price is the key factors in all of this...as you said in your post...and when that moves all U stocks will move. Timing that is very difficult and I do not try to make such predictions as I do not know how to time markets. What I do follow are the trends and Uranium consumption is especially important.
Will FCU get bought out before commodity price moves....maybe but position yourself such that whatever happens at the management level you make money anyway.
Bottom line is they have a really nice Uranium deposit and whoever is in charge cannot change that.
On a final note...none of these outfits makes any money...so technically these are very risky investments so use caution and facts to make your investment decisions.
Malcolm