BOE Chart, page-46

Of course this company is being shorted,, it is a prize pick for shorters.

The company was purchased for less than $10million and now has a market cap of $55million for some reason.

There is still a 300000000 share dilution to hit the books.

After the 300000000 million shares finish their period of escrow the owner will have a liquid assett and be able to sell off on market.

Another capital raising must be on the cards for the not too distant future, which means another share dilution.

The underlying Uranium price does not support this company being able to open the mine and operate profitably in the foreseeable future.

They cannot open the mine without even more capital raisings and that of course means more share dilutions.

The previous two owners of this company could not mine the operation profitably with Uranium prices much higher than they are today.

IMO unless there is a considerable increase in the price of uranium the future of this company is looking very sad.