A number of factors at work here.
Clearly now in a downtrend due to many factors, unfortunately all coming together at the same time..Chinese withdrawal without detailed explanation, directors asked to "please explain" regarding sale of holdings by major shareholders...all adds to negative sentiment...and we all know what negative sentiment does to the herd!!
I have sold out at a loss, preservation of capital is important to me, however that said I will be looking at a re-entry point when all settles down...I would think a few announcements re: discussions with other parties, uranium ect will move the shareprice again...its how low can she go before this news is forthcoming.
Please note: I am not a financial advisor and the above are my opinions only
wiljon.
distraction by petty detail provides opportuni, page-7
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