no brains, page-2

Always good to ask questions of all your investments on a continual basis.

I'd ask yourself these:

What is the goal of exploration at Marenica?

My own answer is: to delineate a large and economical uranium deposit.

I then ask: what progress has management made towards achieving that goal?

The answers to that are as impressive as they are well documented.

Look, it's easy to get disheartened when the SP fails to budge as expected but in these circumstances you really should cling to the reasons you bought in the first place and ask yourself if the fundamentals have improved or worsened since.

I believe that our progress is being capped by a temporary seller and that a wider economic slide + unrelated news on a prospective mining tax in Oz is not helping. But these things will evaporate. I invested with the intention of holding until t/o or JV and I think that both of those end results is getting likelier every week.

Scoping study should harden our resolve even further.