Sudbury Novice, I have no idea why you stated that I have unreasonable expectations.
You mentioned that for the rest of us...we need more immediate returns....
You posted this in Jan. 15, 2015
Alternatives to RoF investments
posted on Jan 15, 15 10:03AM
For long suffering investors looking for progress on the ring of fire, FN and Gov't action, you may want to consider moving some money to Fission Uranium (FCU) and/or Nexgen Energy (NXE).....see hubs on agoracom.
Fission recently annonced a maiden resource of 80M lbs U3O8 (indicated)at it's PLS deposit in the Athabasca basin in Saskatchewan.This is already the 3rd largest U3O8 deposit in the basin and unlike the others starts at 60M and is open pitable.
Nexgen has the Arrow discovery on the same conductive trend and boasts the richest drill hole to date in the Patterson Lake area.The Arrow deposit is located 5-7 km NE of Fissions Triple R deposit.
Fission and Nexgen are drilling 38,000 M on this conductor this winter.
Speculation is that there will be a takeover of one or both these companies soon.
Three anaysts including Dundee have a BUY recommendation and a target of $2.20 on Fission....currently trading at $1.16.
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I didn't put you down. I actually bought more Noront in December and also in early Jan.
Here is a summary of prices Jan 15 and April 20
Noront Jan. 15, 2015 .26 cents April 20, 2015 .50 cents(best return over time period)
Fission Jan. 15, 2015 $1.12 April 20, 2015 $1.12
Nexgen Jan. 15, 2015 .33 cents April 20, 2015 .50 cents
