RE: Dines IWB ... todayAgreed but there was substance. . .
What he was saying was the credit crunch is not going to be limited or contained to the home mortgages. . .it is spreading into other sectors and some are bailing out short term to maintain their liquidity. . .not exactly news
His optimism that this is only short term is arguable or that uranium and precious metal will behave contrary to the general market is arguable / debatable.
But couple that with dilution of value due to the merger with NU Energy and the declining price of uranium and the recent decline of MGA is easy to understand.
What isn't easy to understand is whether or not Mega will rebound in the near future and/or there are some additional factor(s) at play here.