It will recover - both WME and Uranium sentiment for that matter. At the moment, with headlines such as "MARKETS IN FREEFALL" "BLACK FRIDAY" "TERRIBLE TUESDAY" nothing will be in favour, markets will recover - eventually. We all know that, but living through it isn't as easy is it?
Difference with BLR was that despite the huge announcement, investors are still querying the grades as to whether it would even be dug up...a further drilling report will confirm that for BLR... (I hold both WME and BLR - so fingers crossed once the market turns around for both stocks).
At the moment, whatever losses you have are just paper losses, and if you bought the stock in the first place for the right reasons, then just hold for the recovery, or if you can buy more at these bargain prices to average down, and brave enough to do so, then do. Fortune favours the brave.
Its a tough one at the moment - but we have to remain rational.
It will recover - both WME and Uranium sentiment for that...
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