RE:RE:RE:RE:While I'm tickled pink at the SP increase in all my Absolutely!
If FCU was valued compared to it's peers, I would probably be looking at buying one of it's peers (Denison or NexGen). It wasn't so I bought FCU.
A value investor is always looking for the best value (i.e.undervalued) Company which would presume a bigger bang for the buck!
Btw, for interest sake......I researched many Uranium Companies prior to taking initial positions in two Uranium Companies last week, (FCU and SHY) and there are many Uranium Companies whose Market Caps defy any logic. Case in point is Mega Uranium (MGA). Mega has a couple of U projects in Australia, but even more meaningful is that they have ownership by way of shares in 4 Uranium Companies, including 19.4 Million shares in NexGen worth over $143 Million.
The total value of MGA's holdings in the 4 Companies is worth $166 Million in shares alone!
The Market Cap of MGA is $118 Million! (Negative $48 Million) Again, the market is inefficient at times, however this undervaluation attracts attention to investors to bid up the value to it's presumed valuation relative to it's peers.
KozmoT wrote: So if you admit FCU is undervalued compared to its peers then, assuming you aren't just babbling, you're asying its a great BUY right now and you yourself are loading up ... right? FWIW I think most FCU investors here would agree strongly with you, FCU is undervalued and a great BUY.
Thanks for showing up!!!