it may look unloved, but that's just the effect of the lemmings jumping one after the other, in the general down trend of Uranium stocks. ($75/lb recent)
In my opinion, based on its MC, and proximety to other resources, prospectivity, it's one penny stock to hang onto.
Sooner or later, when the U price turns around, and it will, demand v supply, china here to stay, global warming not going away, U price will go up again, no major additional production for a few years, sentiment will change. Sentiment for the weak minded, is reflected in comodity price, not long term outlook. Clever investing, looks at long term prospecticity of the comodity, the companys assets in that class, and goes against the flow of the lemings. Sentiment is the catalyst for opportunity.
just my oppinions.
DYOR.
Happy to hold SIM.
SIM
scimitar resources limited
