RE:RE:RE:ValuationThey actually looked at Nexgen, but did not like the fact that it was so so deep. The issues and problems of deep mining are too numerous to mention.
Uraniuman308 wrote: there is an argument to be made that no other company was as desperate/stupid to agree to the deal that FCU did. LOL
gizard16 wrote: Ah Gov,
You really are a STUP!D Focker. How many years have you been doing this? You've been telling this forum that FCU is worthless for years. Why are so many funds and brokers so interested in it. And why would CGN, one of the worlds most prolific operators of nuclear plants, do several months of DD to buy an interest in FCU. Why?? They absoluely loved the deposit.
It's high grade and shallow and easy to mine. FCU will be going a lot higher.
GovernanceQP wrote: Now we have an interesting little situation because if people go around stating that FCU is the most undervalued uranium stock and FCU decides to invest in FUU with some of the money they hopefully will raise from their bought deal then in some respects FCU is not acting as though FCU is the most undervalued uranium stock because if this was the case FCU should at the very least attempt to execute some sort of FCU buyback program.
Now also consider this - FCU didn't even buy their own stock when FCU was trading sub 10 cents.