Uranium One Inc SXRZF

RE: Week of October 20, 2008

[howdy1]

This is a DRASTICALLY different company than Oct. 2008.
To start with, Dominion was a fiasco that was unfolding back then.  It was an expensive asset that was on the books, showing a high book value for the company.  It was put on care and maintenance and eventually written down to the tune of, if my memory serves me  right, 5 billion dollars.    That represented a large portion of future mining gone.  There was much uncertainty about the future of the company.
The company now has much more certainty with numerous proven producing assets and is no longer a question of weather or not it can execute.    
In the overall marketplace, people were really scared back then.  It was all about liquidity.  It was all about selling because you thought your neighbour was going to sell first.  The lows through that period were very short lived and actually, I think that this stock went even lower than .79 intra day--.50 rings a bell.  Where was oil then?  Gold?  Copper?  I think you will see my point.  History shows that those feelings of fear were very irrational.  Those market conditions do not exist right now.  Not even close.
As for charts, if you had looked at a chart in late summer 2008 and based your investment decision on that, you would probably have concluded that the stock price was very low and you would have really been upset with yourself in October.   Of course, if you had bought even at end of summer 2008 prices and held the course, you would have had numerous opportunities to sell for a profit.   The fundamental story did work itself into the spotlight.
Bottom line:  the situation is much different now than 3 years ago.  Look forward, now backward and stop worrying.  I've had a couple of nibbles myself today.  I just can't resist...