RE:RE:RE:Like watchingFor starters FCU has a market cap of $234 million compared to the NXE market cap of $1.54 billion - let's not confuse share price and market cap.
I make this point because FCU is up against it with respect to further dilution.
Investors need to pay very close attention to this dilution thing because it more often than not makes or breaks an investment if a project shows promise from a geological perspective.
FCU already has many more shares than NXE and a much lower share price - a recipe for disaster especially relative to NXE.
settoretire wrote: I listen to your rant daily, but just consider the source.
You just haven't done a deeper Dive on Nexgen to see it's all smoke and mirrors. If you did, you would find that in order to mine Nexgen at that depth, water abatement is a huge problem. The shaft alone is a BILLION DOLLARS, then controlling the water, getting rid of the overburden etc. Big hype because the goods are there, it's just not practical to remove in today's market/environment.
Fission is equally as rich a deposit, just poorly ( and I emphasize poorly ) managed., but easier to extract.
There is absolutely no reason for NXE to be trading at 10x FCU. So, as I stated earlier, Nexgens IR is doing a much better job of promoting. Fission should be so lucky to find such a firm. Jmho