a reason for the sell off - by an analyst

Perhaps this may shed some light.

There is a report issued by Mark Heyhoe of Analysts Hanson Westhouse on the 2 November 2009. The report may be found on the web site niger-uranium.com under the research subsection of Investors under the title "Strategy Paying Dividends". Niger Uranium is an EXT play.

According to that report there are "concerns that the EXT resource upgrade is likely to have little impact on the project NPV values unless EXT can increase the rate of production and release value sooner rather than extend the mine life" - this is put forward by HW as a valid reason in support of the low sp - should this be a view widely held by the big boys then no wonder the depressed sp.

Perhaps Harlee, through your contacts with EXT - you could draw this to their attention so that the boot could be placed upon EXT's expensive "advisors" backsides to counter any such impression.