RE: LOPARNI have explained many times already, here and on the biggest swedish board that I decided to reduce my risk exposure to companies like EFR that have no substantial amounts of historic uranium resources or NI 43-101 compliant resources (measured/indicated an/or inferred). Instead I increased my positions especially in Uramin and Khan Resources.
The fundamentally NEWS for me in this case, and probably for a big part of the market as well, is the already cited information about 1 million pounds 2010 indicated EFR forecast/guidance production level and 2 million pounds 2012.
Those production figures are significantly lower than I, and probably many investors/speculators with interest in fundamentals, have calculated with before.
I feel free to inform the consequences, of this new finding, recalculating my EFR price target and enlighten many investors of this. But WITHOUT my "resource discount" of 0-20 % the new price target would be CAD 4.69 as I have already stated, not too bad I think. WITH a chosen 20 % discount the price target would be CAD 3.75. Compare that with yesterday´s close of CAD 3.23 and I see know dumping but a motivated adaption to new realities.
I recall that Resource Investor recently indicated a EFR CAD 40 potential, although more long term. I feel that my OLD and NEW EFR price target are a lot more realistic targets than the cited RI calculated potential.
In any case MY analyses and calculations always state exactly how I come to a certain price target conclusion. Feel free to change the parameters that are just assumprtions or uncertain forecasts, and you may reach a calculated price target suting your own beliefs.
If anyone think this is "pump and dumping" in any way, the should know better, or look very careful at the definition of that expression. I have seen, and fought against, some real pumping and dumping during my 8 year appearance on Swedish stock boards. One of the worst cases was the DRAX (you almost can tell by the name they were crooks) 2000 and the CISL case 2004. (This year the foremost swedish business magazine undressed CISL once more after even worse obvious pumping) I may have had most of the fanatics of their stock boards against me, but in the end they calmed down or changed signatures.