Dear Growl,PDN dropped 77%.....investors purchased at 13c down...

Dear Growl,

PDN dropped 77%.....investors purchased at 13c down to 1c from 2000 through the bottom in 2003; then they were all above water in less than 12 months.

The folks who purchased AEE at 2-3c, like PDN investors in 2000-2003 will likely experience very similar results as the spot sustains late $30s (i.e. above water in 12 months or so - then onto some great returns).

Attacking the new 30% owners for buying in as the stock has dropped makes you sound rather disconnected to basic investment participation success.

Many have misread the start of the cycle - I'm probably going to be 9-12 months early as well - although I didn't expect to buy pounds in the ground for less than US$0.15 again (from one of the lowest capex intensity; lowest opex; lowest market cap plays around) - so I'm enjoying my accumulation and actually will achieve a much higher ownership level than I thought would be possible, at very pleasing entry point valuations - keep the negative view up so the tree shakes out some more stock at all time lows (I'm sure folks who purchased at 2-3c will be happy with your view over the next 24 months).

Yes the spot has retraced near US$5 - so are you saying the cycle is over? As opposed to the next +US$50 to come?

You have your view and I have mine - a US$5 move up or down in the spot is not the reason why this investment theme has been selected - good luck on your day trading view - some of us are actually investors with a medium term horizon.