Dog paddling, drowning is VA. Andre has screwed this company. A performance of this terrible magnitude should be punished. Over 90% into the red since the Round Oak purchase and failed consolidation. Everything now depends on this extortion type loan and the market hates every part of this loan which Andre forced us into due to his spectacularly poor decision making. Looking at the bigger picture only 3 things will create a reversal and start of a decent uptrend: - Sustained higher Cu prices. They are too unpredictable right now to get excited about. When they rise, the next week they fall just as fast. - Andre getting the boot or leaving, but with a top-level, well-respected replacement. This would return confidence and begin a new era in the company. Too many poor decisions from Andre to count and the market is tired of it. - The extortion loan is paid off, freeing up liquidity and also providing more confidence. The market is currently in an unknown and scared that it may not get repaid, which will obviously drive their investment decisions to other companies without a crazy loan predicament. Let's hope the Andre defenders wake up soon and want a change!
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