is this the beginning of the end?, page-2

I'm in exactly the same position 80% down.

I certainly wouldn't be too pessimistic about this company.

It's got a lot of exploration activities going plus the uranium deposit (and iron ore exploration) agreement with Sinosteel. It's still got cash. It could strike it lucky at any time and the share price will take off.

On the other hand it could continue to explore and find nothing to develop as it's done for the past few years. I'm still hanging in 'cos I don't want to crystallize my losses and because I've still got realistic hopes that the shares will come good.

In addition most exploration companies currently have limp share prices because there's none of the enthusiasm there was for the sector.

Also there was a burst of buying this morning: maybe someone's heard a rumour!