A whole lot of weak knees around herePTU is up 23% since Feb 3rd and 115% in last three months. By any standard that is pretty good.
There are lots of drill results out soon, and the drills are still turning.
Yes there was a kick in the gut when Cameco was blind sided by Tepco. But Cameco is back to previous bad news levels. The whole Sask U308 sector is on fire, with spot price for uranium going higher. So with some good drill results PTU will be just fine.
Having said all of that, PTU will never have the legs that NXE has, or even FCU. As they are only a 21% stake holder with relatively high float. And some of the current share price already has high expectations already baked in. Plus their big partners are in no hurry for more uranium. Just don't need it or want it for another 15+ years. With these things factored in PTU will maybe see a 30-40 cent share price in the near future. I will sell at that level, having reached my planned target.
Good luck every one.