When you look back at this company's history, you are dumbfounded. It has had issues with projects ranging from lawsuits with natives in the southwestern US to geology. Recently the company won its suit involving one of its projects in New Mexico, which paves the way for it to move forward.
Although the company has projects with large resources, there are just as large royalties associated with these properties, and as uranium prices rise, so too do the royalties. The company will not be as leveraged to the price increases of uranium oxide due to this fact and as prices move through $80/lb. the highest royalties kick in. Currently this is a play for day traders, as there are too many questions still lingering regarding long-term prospects."
What part of this NEGATIVE news don't you understand?