yup. the uranium miners were in deep the poo a few months back PDN had closed one mine and the other's production costs was less than market also ...... they were looking to go out backwards in the not to distant future when they managed to sell half share of their operating mine...... so the cash from this has enabled them to stay afloat....... since then a number of mines have closed down and the price of ore has now improved markedly, and still moving upwards, likewise the share price - ie."sticking with the trend"
my initial interest in this stock was shorting it due to its dire cash position and no way out - that was prior to this recent sale of half of their operating mine to the Chinese......
appreciate your interest thor. - we might make a share trader out of you yet ??
