lol how else they gonna pay their wage? Uranium market could bust, if I was a director Id raise big now whilst the market is hot so it secures my job for the next 4-5 years. Going to be hard to raise say 10 mill if uranium was going down? Look at AGE for example price hit 10 cents, now they are raising 11 million at 6.2 cents with loyalty shares at 4.5 cents. If that aint an insult to shareholders I dont know what is. Anything to get cash in the bank, because cycles dont last forever.
Again if I was EPM management id be raising as much as I can now whilst the market is hot and people still believe cause when the show finishes try raising 10 million or so then lol.
Anyway youve been warned, todays selling has confirmed this IMO, exact same thing happened with AGE
EPM Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held
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