Be greedy when others are fearful!

Dear all institutions and cashed up individuals, 

This is an opportunity Warren Buffet dreams of.

$350m+ in the bank.

MC -$900m.

$400m+ of mining equipment and ponds.

Profitable growth stock i.e. next years profit will be more than last years underlying ~AU35m

Market value for a small portion of its overall tenements (est. <10%) just sold for US$280m ~AU$400m.

Based on the Posco sale the company could conservatively  be liquidated for more than double its market cap.

These opportunities do not come often but you need to have the kahunas to go against an irrational market.

I'm not even going to try and pick the bottom but tomorrow is double down day for me and I'll let the shorts have some back @ $4.50

If all holders doubled down tomorrow the shorts would capitulate. Can only dream there are enough logical others with cash and kahunas. or even better the illogical others with $113b of worthless bitcoins change their bet to annihilate the shorts. 

i