These posts by Pirra and centro are very valid information...

These posts by Pirra and centro are very valid information indeed. There is no doubt whatsoever that Uranium is a big ticket item in the future. No doubt that the price of Uranium and Uranium shares will increase dramatically.

Unfortunately this is also a well known fact to the companies seeking public investment. It is well known that public interest alone will generate substantial capital even if no product is ever produced. At least that was the case pre 10/2008 when the participation in the share market by average punters, by mum and dad investors was very high. In a slack market this is very different. Small investor participation in the stock market is very low and hype alone will not produce dramatic SP gains. Infact in a slack market exploration companies with little chance of success have an extraordinary failure rate. They are among the worst possible investment in a slack market.

As far as long term positions are concerned any investment that does not continue to increase in value is a lemon. Short or long term. The longer the term of an investment not producing a return the poorer the investment.

A $100,000.00 INVESTMENT IN A BANKING INSTITUTION OVER 4 YEARS AT AN INTEREST RATE OF 6.75% CALCULATED MONTHLY WILL PRODUCE A RETURN OF $71,341.00. THIS IS A GUARANTEED RETURN OF 71% WITH VERY LITTLE RISK. THAT MEANS THE SP NEEDS TO RISE BY 71% JUST TO MATCH A BANK RETURN. THE CHOICE IS VERY EASY. WEIGH RISK AGAINST REWARD AND A LONG TERM INVESTMENT IN A LEMON IS A SUCKER BET.

The results are due and I will leave it to the investors to decide what the likely outcome will be. Considering the desperate position of the company it is likely that if good results were achieved they would be released ASAP. Shareholders should also prepare themselves for another capital raising. This will mean a further share float, further dilution, further fall in SP and a further loss in capital.