RE:NxeOf course it does. Big boys are driving the price down artificially so they can squeeze the small guys out and pick up their panic shares on the cheap. Long term investors do not care about these practices. I will only get out when the price is to MY liking...not the CIBC.
Three years of drilling and we already have a massive world class deposit and another in the offing at Harpoon.. Very early days yet folks. Don't sell your shares to these charlatans at bargain basement prices....they KNOW what is about to happen. There is a Uranium Bull market gathering momentum right now. Impending decisions by Japanese courts will likely result in the start up of Takahama 3 and 4 and Genkai 3 & 4. Barakah starts up this year in UAE and all those reactors under construction (60 or so) are going to come on line in the next few years. Supply is shutting down - demand is increasing rapidly....only one result of that...and the CIBC and Morgan Stanley know it cold. Take out the small investors by creating blood in the streets and then make a bundle for their clients when the stock skyrockets.
Don't play into their hands. They can have all my shares for $50 bucks each if they want :)