it should be going down further, this is a major gamble stock and a non political friendly country to this mine as stated many times over.
and as for the whole just ship it to China factor. DO NOT believe that this factor. Why do you think they wanted it processed in Greenland to begin with?? This is simple.... Price of the finished product. You ship it to China unprocessed you are not getting no where near the value you would processed and shipped to another country other then China.
i would be very cautious regarding this stock and false belief of alternatives to mine and produce anytime soon. plus now all the costs over that period.
MC is very high for a stock that just has something in the ground without able to mine it.
It's not the end...it is coming back, page-38
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