Sure, I agree with you, but this phenomenon you are talking about is happening to most of the stocks now. You see this on a stock level (4 phases - mostly short term view), sector level, continent and global economic levels. They all have cycles / stages. Currently I think that most sectors are going through a bad phase since most people chicken out of what is about to come: and yes, high risk stuff like junior explorers will be hit the hardest.
Anyway, I'm awaiting Dines' letter to get some new views / insights of what the future will (hopefully) hold. I will keep you guys posted.
It's not my thing to talk about other boards here, but there are some really good discussions going on at stockhouse concerning u3o8 exploration: MAW & CZQ boards e.g.
SD