Still a few days to go before you need to make that final decision to convert your warrants, so don't be too critical just yet.
I think you'll see something come through before Tuesday, but whether it is convincing enough to make you send your cheque is another matter!
IMO it is worth the risk and I 'paid up' a few weeks ago. I still suspect the 'real' news will come out in the quarterly reports in July and October. (I've always had a long term view on this one, so I can wait).
Yep! Their timing isn't the greatest, but was anyone aware of the Uranium permits when the warrant date was set? Also the time for the permits to be granted after application was around 3-6 months-we are just over 3 months now!
Yes, I agree we should be 'better informed', but that doesn't change any of the research I have done and it doesn't change the potential of the resource, from my prespective. It just changes our emotions, because the share price is sliding. ( and it's tax time fr some, so that's a 'given".)
I decided this stock was worth purchasing over 12 months ago, well before any Uranium news and I still believe my research and 'gut feeling' will prove I have made the right choice. Firstly the gold, secondly the cobalt and now Uranium. Not many explorers have this underlying potential.
We all make our own choices, but make sure they are 'rational ones' rather than 'emotional' when it comes to shares!
For the company to ensure they have the working capital to continue with their projects it makes sense to have a 'back up' plan if required. If that involves organising an 'underwriter' which is still a relatively cheap option if it guarantees that activity will increase.(IMO)
Cheers
BP:)