RE:RE:Takeover TalkPounds in the ground obviously mean nothing. Underground mining in the u sector means nothing. Let's face it, nexgen's deposit is way too deep and will cost billions to produce any u. That's even before 'cost overruns'. and big time debt.
He He, they just need to keep borrowing to pay the interest.
sounds20 wrote: "People will think I'm wacky for thinking this way," he says. "But this deposit is getting so big that whoever controls it will have one of the biggest uranium resources in the world. When that happens, it opens it up to a whole host of new buyers who'll buy it on a strategic basis who are not currently involved in the uranium space."
Warren Irwin
Roseau Asset Management
Mind you, here is Bre-X Warren calling the return of the "frothy" bear in 4Q 2017!
https://smallcappower.com/videos/videos-top-stories/mining-cycle-warren-irwin/