Topcall,
Agree, I am off to get swimming lessons from my cat, and driving lessons from the neighbour's 5 yo.
Agree more to come from the field, but imo we might need to be patient there. I don't think Sprott for one moment dissapointed in progress since their $2 placement, and I am sure they'd be eager to pay a good bit more for more now, and still be seeing it as a bargain. Whether they'd pay 346? who knows.
We've shaken off the momentum buyers, and the wood duck followers of the followers of tipsheets - well singed by now. Now we can form our support and move forward more heavily weighted with those taking a real interest in valuations. Hopefully a little less volatile. Also singed were those that were shocked that cash flow was over 5 years off, as it would be for a tier 1 asset.
A bit of realism will do no harm even if a few took a bath to the benefit of the rampers that briefly reigned here.
EL
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