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Strategies & Market Trends : Winter in the Great White North
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To: LoneClone who wrote (8018)3/4/2016 4:56:16 PM
From: teevee1 Recommendation

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I doubt anyone will take out FCU. So far, there has been no interest from the largest U miners (Cameco, Rio Tinto, Areva) in taking out FCU at any price. I believe it is due to high development risks associated with 50-100 meters of water saturated sand and gravel between shallow lake bottom and top of bedrock.

Regard NXE, cogitating on how grades were calculated, and on going infill drilling, I expect at least another 100 million pounds added to the resource in the fall 2016 resource update. NXE will easily get to above thresh hold of 300 million pounds to justify a stand alone mill.
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