No idea. I am simply sanguine about the reality that in the...

No idea. I am simply sanguine about the reality that in the regulatory and financial environment in which we operate if shorts are determined enough they can continue to move the price down in companies such as this given the nature of its registry and the commodity sector it operates in, as there is not on average not enough retail buying power at the margin to prevent the short term moves.

That said as the company is fundamentally sound and has excellent forward prospects, the shorts are not "discovering" anything, or uncovering anything, they are simply setting up an arb that will have to unwind in the other direction when momentum shifts as the cost for the next incremental short is too high relative the amount of long buying power at the lower price point. Sorry if I am not explaining it well. Basically at some stage it becomes so cheap as to be unshortable.

Last go around that was circa $2. I suspect with the amount of extra information in the market since then it is higher this time around, but no guarantee I am correct, just an opinion. I think if you can call it within 25% of the bottom there is likely a trade with a margin of safety. Other factors obviously come into play as well which are unknowable to the average retail investor.

Or simply just hold through the BS, as unless something terrible happens in the world to change the underlying dynamic for uranium then eventually the situation will resolve itself as the project moves through the curve to being fully derisked and producing very significant positive cashflow. At that point the question will be for the directors of the company why they tolerate the messing around with their register when they could simply start buying back shares when the shorts get too far out of line.

Do it once properly and send a message. The directors know who on their register is playing the game. Maybe they are being patient for the right time, maybe they have no choice but to cop it sweet. In any case, re cashflow, they are not there yet. Maybe DeepThinker can ask DC next time they're on the blower, I'd love to get his take on it.