Double bottom in PEN Alert, page-44

All uranium companies that were around for the last boom bust cycle still have holders that got caught out and continue to sound bitter. Understable really if that's your personality type, every investor gets their ass handed to them from time to time. I got myself caught out in the last silver bull market, but you don't see me crying on the silver threads and bagging silver or related equities. Commodities are boom bust by nature buy at the top or near top of a cycle and you are almost certain to get wiped out. The opposite can be said if you buy commodity related equities at the bottom of the cycle. Now you tell me in the case of uranium would you say we are closer to the bottom or top??? That question doesn't even need to be answered does it... It's that obvious.