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16/09/23
20:56
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Originally posted by LongTony:
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The pseudonym I use here is because I'm a long only investor - but I recently looked into shorting this stock because I've been told again that they're stuffed, even at the current price. I decided not to short it but I will repeat what I've heard before ... Apparently, people who know things, know that the orebody is unworkable and think they're not going to be able to fix it. I believe that the people on the ground have known this for a long time. I don't know how much they've tried to inform management or if management's ears are just glued on or if they're in denial or if they're hoping they can fix it or whatever.
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Is this because the sand isn't as high quality as they were expecting?