announcement out, page-26

BB,

"Fair enough, i am usually a pure chartist and probably would have sold under normal conditions technically.
I just think the story is just too good and too much news is just around the corner."

Yes, me too. Thats why i got out ie charts. Unfortunately this isnt a stock i wnat to be out of cos the upside potential is tremendous. It is one of two stocks that i atm consider to be incredibly undervalued on potential alone. But, i was thinking of an uninterrupted run for the reasons we all know. I wasnt anticipating this hiccup but will look to enter again.

"I think today was a severe over reaction and the stock will be exhausted from this downside move, the announcement today and people starting to think things through will get players back on board."

Yes, im thinking of that gap at .395 getting filled and then a bounce tomorrow aftenoon

"As to the placement I dont think it was done at all to raise money really, they have enough money to have kept them going for another 18 months.
The raising was done to get companies involved in ree/uranium on the register and my guess is substantial companies.
This would give the co a lot more credence and potential jv oppurtunities."

Yes, thats what I thaught but now im not so sure. They havent announced it. Were these elections a concern? Im getting more questions than anwers now. Timing of it in particuar. If they didnt have to do the placement (assuming it is a major miner) then it would have been politically the wrong thing to do with no guarantees of project development. Why not wait, the interest is there and will remain.

"I think from the research i have done tonight (had done little on this election previously) that it had looked for some time like the opposition would come on board.
That being the case why would the danish govt, and companies involved in the sector get on board a month ago if they thought the project was a dud."

Again, the whole corruption and drunkeness thing with the existing coalition only surfaced in the last week or so. How influential was this on voting? the uranium debate? When did it really appear likely that AI was going to win? Surveys only showed this a week in the lead up to the election based on small samples.

Also, Im sure that when they were doing the placement and presenting the project they would have pumped it up more along the lines of: 'existing government, 30 years in power support U mining. In nov members of parliament agreed in principal to mining of u.' they wouldnt have mentioned opposition parties who were against u mining.

After today i have more questions than before. ill have to stick to the charts i think!