In response to your self-gratifying streak of conspiracy theories, I recommend you look at AQS. Those poor fools who sold out prior to the surge have forgone perhaps seven figure profits.
Yes, at $1 Azure was pricing in perfection at VC-07. But at 30 cents two months later, do you really think there’s much left to lose before a lasting rebound takes shape?
The upside in Azure is exponential should there be a positive surprise ahead.
If we make an assumption that VC-07 is sub-economic today, it doesn’t mean it won’t be economic in a few years time. What happens if there’s a spectacular find on any one of the other 11 yet to be drilled EM targets?
Even a conspiracy theorist like yourself would have to admit Andover is a nickel province in the making.
Then we have Turner River to be drilled shortly - on trend with De Grey’s Hemi discovery. Could there be another major gold discovery there?
As for their Mexican average, it was a political risk just waiting to detonate. I’d be happy to see them move on - but only at the right price. The sale could also provide an upside surprise.
I wish you the best with shorting, but at these levels it appears nothing more than a death wish.
