Volcano,Why did the market sell off MHM in the first half of...

Volcano,

Why did the market sell off MHM in the first half of 2010 when it was made fully aware to the public what potential their slag treatment technology had, and then flock to the stock in such a crazy manner in September last year?

Why did the market not flinch when AVB were boasting quite spectacular results, also in the first half of 2010, and then jump on board in masses when further drilling confirmed the suspicions of many?

Why did the market sell off the likes of NTU for month after month in early 2010, despite it becoming increasingly apparent that the supply of rare earths elements was drying up at a dire rate?

There are so many other examples out there of the market simply taking a long time to click onto something. Ask any seasoned investor and I'm sure they will have their own story of a bit of patience and persistence paying off.

MHM, AVB and NTU are now many multiples of the share prices they respectively had in the period before the sudden re-rate that they all went under. For all of them, their re-rate was triggered by a piece of news that confirmed what the long termers had known (or at least suspected) for a long time. For us, investors of URA, the analogous piece of news would be confirmation of a successful and sustainable ramp up to 10ktpm. That piece of news would confirm annual cashflow to the company of just about our current market capitalisation.

That said, if you don't like how much progress has been made recently, then sell and move on. It wouldn't be the first time for you, and, once again, no-one's stopping you!!