And we have another one who thinks that uranium mines sell at...

And we have another one who thinks that uranium mines sell at spot price...! I don't know how many times it needs to be pointed out that the spot market is mainly a few speculating hedge funds that have been stockpiling "paper" uranium, and the transactions are almost all discretionary.

Most, if not all, of the ongoing needs of nuclear power generating companies is supplied on long term contract prices by offtake agreements.

And the long term contract price is still $US61/lb, and expected to rise over the next few months.

Of course you are entitled to your opinion and baling out, but I wonder if BMN will show a rebound after a short time that may make you want to get back in? What was it Buffet said? "Be fearful when others are greedy, and greedy when others are fearful". Seems like a lot of panic selling today, like lemmings off a cliff. That sounds like "fearful" to me, just like the overall stockmarket was on March 6th.....