Companies current positioncould be a sign of bottoming here judging on the unusual volume today which is also providing a positive on balance volume indicators , bollinger bands are narrow as well Parabolic SAR is indicating a pressure point. Pretty much the way I see it if it does not fall heavy below 80 cents could be a good entry point you considering the company has no debt and a uranium project expected to come on stream end of 2010 , more like early 2011 with cost of expected cost of production at around 25 bucks compared spot prices in the 40's currently which is low. Not sure if I am missing anything else I may be unaware about?
- ohh yea and we should be expecting lots of news in the next 6 months with regards permits and all that govenrment stuff etc.
GLTA