about to explode, page-12

..while i agree it is frastrating ...but fundamentals contius to evolve stronger and stronger:

1. Traders took some profits today ... you can see there very little shares offered under 10c..
2. In the last 6 month this stock was under 10 cents , investigate how many shares been sold approx 7mln shares under 10 cents ... then assume 40% are short term holders , thouse which are happy with 15-20% profits so they take it;
3. Now when MINERALOGY ( same like honeymoon ) is established and any time 4-5 mln LB is confirmed then long term investors will see true value ...
4. Study top 20 shareholders , most of them are the same ; look at anual report MEU has big small shareholder base and long term - frastrated Shareholders sell on the strenght ;
5. Remember initial lising happened a month before GFC ; Uranium tambled to $40 ; Melton 4 holes did not find huge Copper ; that is main drivers of low SP;
6. Look at it now JD is establishing as low cost , secure area , huge deposit ( could be up to 80mln LB)


Now let's wait for few weeks for JORC and may be any good news on Nevada...


Bough more today