re: principles and upside I guess patience from their (and my) point of view is probably the key here ... how fast does Westchester want to make his coin?
Another question is how dodgy will management dealings be from here on ... the two dubious ones in most recent history come to mind are the announcement of Westchester getting up to 50m shares on Sep 30 (they announced this on a Friday after 4pm), and having the AGM so soon after options were exercised as mentioned previously ...
As a long term think, because of the above, I have little confidence with the GCR management. However in the short to medium term (perhaps within next 3-6 months), I think this will go somewhere as they have been quiet with Copper Hill.
I think this is right on the cusp of going somewhere ... hence recently high volume of trades in GCR (then again Westchester may have started selling out already!)
I will continue to have patience here ... but for how long I am not so sure ...
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