re: torched Okay, so at least we agree that EKA has been sold...

re: torched Okay, so at least we agree that EKA has been sold down and a technical bounce is a probabilistically likely short term event.

We also agree the news out of Turkey was poor.

Where we disagree is our interpretaion of these events and where this leads. You see this as what ... a speculative entry opportunity? The sp has sold off so we can agree that the market concensus was negative. You could easily argue the market has considerably less confidence in the company to deliver on Sugarloaf, given the business in Turkey.

So ... it comes down to Sugarloaf. Hype aside, what is it you find attractive in Sugarloaf and how can you be so confident in light of the recent disasters?

Oh, and on a technical basis I still squarely see the sp in the 20s. Nothing changes that view at these levels, not even a small bounce.

best of luck to you