basically there's a massive amount of shares distributed to sooo many people - the major share holders are quite unimpressive.
It makes it easy for alot of people to come out of the woodwork and sell.
Probably few know as much about the share, what's going on, and it's potential, compared to the posters/readers on hotcopper - therefore they're unwilling to hold on.
The falling U3O8 price does no favours to the sector, and big investors would be looking at this (as they probably hold lots of difference U3O8 speculative shares) as a signal that they shouldn't be in this area.
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
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