Possible Scenarios at Play (IMO)If you go back tot he video posted in mid December, PTU said the winter drill program would take four months. That takes us to mid April, so another few weeks. I'm not sure why everyone is upset about that when they set the expectation. If it was May, I would be upset also.
The way I see it is that either they (or someone) knows the drill results are not great, thus is the reason behind the selloff from 18c to 10c.
Or, there is classic micro cap manipulation happening where shares are transferring between non arms length insitutions / hands with the effort to shake the tree and get the retail investor to bail before news is released.
One should keep in mind, we are still in a bear market for uranium which doesn't help.