well well. back to the "pdn has a poor history blah blah...

well well. back to the "pdn has a poor history blah blah blah"
The well researched person would have to concede that pdn are now kicking some considerable goals with operational performance, and are moving in the right direction with cost refinement.
The original boogie was its debt. That has now been resolved ( note to admin make sure you update the market in a timely fashion once the EDF money rolls in!)

The only issue holding uranium stocks back is this lack of movement in the spot price....... once it breaks up from here there will be a real surge in the sector plus some real pressure in the takeover sector. Remember the boys funding these takeovers have to have confidence in the direction of U as well. At the moment that is still an unknown.
But ask yourself... does it really make sense for the price to fall from here? Is it more likely to move up?
IMO the price has bottomed, but like so many long trends, it takes some time and effort for the price to move the other way.
I am looking at the spot price action as in a retest phase of the october lows. Once it has retested and starts moving up there will be a more concerted move up.No long term trend
reverses on a dime without a retest.