yesterdays announcement was very good, the grades of uranium discovered were extremely promising.
so why the smackdown after the initial spike up? because of the wet season & no drilling for the best part of 6 months. just goes to show how fickle the market is. wmt are damn sure they are onto a class asset and still it gets smacked down.
so what if there is a delay? pdn are yet to earn a cent from their resources and their market cap is nearly $4 billion.
WMT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held