IronKing - just IMO, the best thing we can do right now is...

IronKing - just IMO, the best thing we can do right now is forget about the day to day SP. I see SDL as a very serious business with a lot of strategic parts. Time is a factor that is guessed at, at best. My view is that when we line this up with finance/offtake, mining conventions, infrastructure sharing, resource upgrades - remembering that both Cameroon and Congo govts are part owners, we will see some strong impulsive SP movement. Whether that happens on two weeks or 12 weeks, I am not too fussed. Unless people think that the project will never get off the ground - highly unlikely! IO prices moving forward are likely to be stronger than many think. Even if they are weaker, SDL will be one of the lowest cost producers with high quality ore. As the competition goes out of business, supply will decrease and on we go.

As a trader, you would have exited on the trend break at .485, those thinking of bailing now are probably the investors who are at or near capitulation.