Emotions
The market in general, has been overbought, and there is a correction occuring.
The media frenzy has caused people, who should be wiser to think it is the end for Uranium
CCO has forwarding contracts in place.
They are making money...ie..not a junior exploration company selling dreams.
The sp has fallen significantly without any real fundamental change in the business.
At some point, in the next few months the markets will start to recover again, and the hysteria of nuclear holocaust will have been replaced with some other consumer fear, and this stock will recover nicely.
It is pretty much time, I think, to put a toe in the water here, and average down if it drops some more.
Although the herd seems to be moving in the other direction.