I have been averaging down on this every time it goes below $4. Unfortunately we have been caught in the major US sell off of small and mid-caps as all the big guys go to cash to stave off poor results and in some cases bankruptcies.

While PNP  is not strictly a Uranium play - it should benefit from the first new number of planned reactors in the US, Britain and France. Many European countries are still opposed to nuclear energy but China, India and Russia will continue to drive U demand for many years.