was today the turning point, page-14

still looks like a good short to me.
we are in difficult times right now. The wheat is about to be sorted from the chaff.
If you dont have a resource and no chance of getting one up to a mine then what will happen to your share price?

Current Market Cap of this one fully diluted is $63mill.
Compare this to Marathon MTN who have a MC of $135 mill basically double.
They have 69 mill pounds of U308 at $90/lb at the moment. = $6.21bill USD even if you use $45/lb then its $3.1 bill IGV.
WHat is the IGV of FAS' resources?
Therefore its possible that as buyers become more discriminating of where they place their capital then FAS will be seen as exceedingly overvalued.
The trend should be telling you that there is a problem here.

cheers