Ann: Additional Tenements Expand Strategic Landholding at Rincon, page-20

...so why are you holding now? Wouldn't the time to buy be in about 12 months?

Why have your money locked up in something which is going to go nowhere or down for a year?

I think we're kidding ourselves if we know it's going to be 18 months or 3 years or if we're 100% sure it'll ever end at all (it's possible that we'll see production expand to the point where prices can ongoingly sit not too much above production cost of lower cost producers), but if we're arguing over whether it's most likely to end in 1 year or 3 years, why are you holding now?