Miine, i should know..i was [and still] am holding PLV and boy am I glad I paid attention and bought at the appropriate time [i.e. before its massive rerate to 115cps]. The fundamentals and the news flow was beckoning in relation to a JORC upgrade and Mine permitting as well as possible offtake agreements [does that sound familiar?].
Traders will play their games and that is good as it provides liquidity. But the big money is going to be made by shareholders that are taking positions. I do believe that we have a player that is trying to suppress the share price at the current levels...similar to PLV's trading prior to its move too. Its strange how the general market is displaying characteristics like these...i think the market is governed by bots and well if you can't beat them...then join them.
In my opinion, we will all be sitting here deliberating on selling at 50cps in June and awaiting on the DFS figures. I rather keep my hard earned on this play with such sound fundamentals. However, i am searching for uranium plays too as i see a huge supply/demand paradigm happening in 2012/13.
OVR Price at posting:
28.5¢ Sentiment: LT Buy Disclosure: Held
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