I can see why a producing Co like EXT going down from $16 to $7.70 with the spot price going down or ERA not being able to produce due to minehole turning into a dam because of the heavy rainfall . Can someone please clarify Why a non-producing Co like BMN should come so low, and why should it go up even if all the countries want the uranium now for high price. it will take years for BMN to produce and by then the spot price will be different anyway.The IPO was $1.00 a year ago and kept sliding down to 35-40C before the Fukushima disaster and afterwards till reaching 22C . Is it the low grade U that they found that is discouraging them from production on their own and others not being interested in partnership, how did BMN afford to produce on its own before the depression and got the SP to $4.50. I would like to buy more because of the nostalgia of the $4.50 but I also have bad nostalgia from USA,EMA,DYL ,TOE before and after the depression.
BMN Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
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