RE:RE:RE:RE:RE:RE:RE:Canaccord Genuity analyst raises target price ... WHY? Myself and a couple others here could provide several reasons, but IMHO all roads lead back to management. JMO
Uraniuman308 wrote:
FCU is STUCK at .62 cents, unlike DML & NXE has FAILED to take out its 5 year high, everyone says FCU is undervalued yet the latest target is .80 cents, still off the 5 year high and below the CGN subscription price, WHY?
gizard16 wrote: You seem to forget that CGN was two board members at fission. From what I have heard, they are ecstatic with fission's progress and the enormity of their ability to increase the resource. Fission has a great deal of acreage yet to be explored, in a very favorable part of the basin.
the upside is boundless.
Uraniuman308 wrote: So why hasn't CGN participated in any further funding and/or maintained their percentage ownership of FCU? Could it be because they like the "project" as Ross put it, but don't like the company? And why would that be, lol! Perhaps CGN's comment that FCU needs to work toward improving their image provides some insight for new investors. In my opinion the change in management has fallen far short in this regard - simply a new shade of lipstick. JMO
gizard16 wrote: What's interesting is that after months of DD, CGN chose fission over everyone else. They appreciated the high grade, shallow deposit, unlike others, that are way too deep to mine.
GovernanceQP wrote: CGN paid 85 cents which is sort of funny with respect to this 80 cents target and the CGN buy was over 5 years ago. Not good going for FCU.