Going BackwardsI have posted about this sort of thing before in that there will always be quality discoveries going forward especially in the Athabasca so this leads on to another consideration in that if you have a project and you do not aggressively develop it you will eventually get bumped down the list of what will be next to get all the attention.
First we had NexGen surpassing FCU and now there is a very real possibility that IsoEnergy is going to do the same (not just market cap) plus IsoEnergy has a number of other things going for it over FCU being that they are majority owned by a friendly being NexGen not to mention their location being not far from an operating mill which looks like it will be looking for feed.
IsoEnergy announced their upcoming drill prgram details today where is the FCU winter drill program details?
I don't think FCU will drill 1 metre of any ground this winter.
I also think there is a possibility that IsoEnergy will make a later announcement regarding increasing the size of their upcoming drill program. These guys know how to run a show and now they have financial clout and it's probably going to get even better for them in the not too distant future.
FCU needs to step up asap because they are fast becoming less relevant just like what happened to Bannerman with respect to Extract.
I made good coin on Extract and I was relatively late to that party too.