Hoping a positive Subject Title will reverse the fortunes of the sagging SP.
It is interesting to see that if you overlay the SP charts of PDN, ACP, DYL and BMN that they are almost identical with the exception of EXT whose SP has held up better post Fukishima than other Uranium stocks. Most of these Uranium stocks have had an acceleration in the SP decline in the past month on the back of negative press, negative Uranium/nuclear sentiment, global economical uncertainty and a decreasing Uranium spot price.
Clearly the nuclear sentiment and spot price need to turn around. As they say time heals and it will take time for the negative sentiment to turn around and spot price to start rising again as a predicted tightening in Uranium supply eventuates around 2013-2014.
In the meantime BMN need to kick some goals not just endless behinds.
BMN Price at posting:
20.5¢ Sentiment: None Disclosure: Held
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