RE:RE:RE:RE:RE:RE:RE:RE:RE:Decided to join?I interpret what they did another way. They know that they burn through cash constantly with nothing to really show for it (they are no closer to pulling actual uranium out of the ground than 7 years ago). Management understands that there's nothing that they did which warrants their share price being north of $1.00. Instead of letting their shareholders be rewarded for their investment, they dilute the share price and pay themselves out of the company coffers lucrative bonuses and pay increases.
Their message in 2014 is the same as it is in 2021 - they need 7 more years to develop the mine at Wheeler/Phoenix to become a producing company. They haven't moved the needle in 7 years - they won't move the needle in the next 7 years.
I'm not shorting this stock - but just want people to make informed decisions when deciding which companies (along with their management) is worth putting their hard earned money into. Put money into companies that are actually trying to increase the share price rather than ones that constantly try to suppress the share price.