why the big pullback? scaredy cats?

I know UUL is a small co. with speculative tenements and the world is scared of the woes that face Europe and US, but this seems to have come back way too far.

It would be nice to get an update on farmin agreement progress with Chinese. I am guessing that uncertainty over Foreign Investment Review Board decision could be a factor. Delay of drilling program could also be seen as a set back. Otherwise UUL still has cash and good prospects. Looking foward to next company announcements. U238 price still heading up.