NYSEAM:UEC - Post by User
Comment by
Kangaroo123on Sep 13, 2023 8:35pm
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Post# 35635088
RE:Holdings
RE:HoldingsFUU is where NexGen was about 7 years ago. Patterson Lake North may be an even bigger deposit than Arrow...the assay results are better than Arrow which means cheaper to mine it. NXE was at 60c when I bought it all those years ago so it has produced stellar returns. FUU has a lot of work to do yet before it can prove the deposit but that is the nature of the Uranium exploration business. It could prove to be a dud or it could prove to be another Arrow. My guess is the latter but dyodd and study the drill results as they come in and the assay results that follow. We will only really "know" what FUU has once the NI 43-101 report is filed and we are some years off of that yet, At 42c or so is it worth the gamble. For me that is a good bet but you have to do what you feel comnfortable with. Junior exploration stocks are always very risky. Happy investing.