El Niño will IMPROVE production forecast, page-12

We do not know who is buying or selling. Some weak retail sellers may have sold when the price fell below $1 especially if they bought at the higher levels. I am certain those who bought at single digit figures will be averaging a figure well below the current market priced if they purchased at higher levels and current prices would appear to be inviting. Shorters have been slamming the prices down and will be taking risks now especially since the company is no longer a drilling company but a producer and generating income. Perhaps they should release their financial statements for the year which will see some decent runs on the board. Investors are not carried away by dips in prices and will see the potential of this company as the leases it possesses have a range of minerals which are valuable.

While most shareholders are not pleased with the recent announcement by GM which I am sure he regrets, they did have a problem and will get back on track, hopefully soon and we will see a rise in prices.

I am looking to buy when I think that the bottom has been reached and I am sure many LTHs think likewise.