u are right Anton, that is why I have said in a few posts, mgmt has not handled the situation correctly in the last two years. They had to cut the admin /salary costs, which they were very late to wake up and also on Alligator the move is not well timed. RCF selling has added to the problems. Actually if uranium is on the real mega rally now all stocks like BMN, VMY , BOE would have already flown, I think this is one more p& d thing going on again in uranium stocks. VMY time will come in next 3/4 years but most retail would have quit long time earlier before that.
I think a CR will come before / after Christmas, we have to be ready to buy at lower SP, I am geting prepared for that now.
VMY Price at posting:
8.9¢ Sentiment: Hold Disclosure: Held