RE:Strong U markets in the U.S. Today A share consolidation now would be a rally killer. The stock would be in limbo until closing which would happen right around the time Cigar comes back on line and the u price begins to pull back taking equities with it. The best thing management can do is stay out of the way and let shareholders have some short term price appreciation. A US listing would be nothing more than lipstick on a pig at this point anyway. As for share consolidations in general - they admit failure and are the kiss of death for existing shareholders. JMO
BigBlue wrote: It looks like the U.S. markets are jumping into uranium stocks today. FCUUF was up .03 in early trading. I believe we will see some major strengthening on the many canadian explorers tomorrow.
IMO, FCU will look at getting an Amex listing next year. It would gve them a whole lot more visibility on the big markets. Depending on where the share price moves, I expect a roll back to accomodate the listing, which will help the sp even more.