Hi JT,
You may be right, by my guess is that you will be totally wrong. I would guess that sales could commence this quarter, but with the low copper price and funding secured, management may not be in such a hurry and may stockpile sorted ore instead. I'm hoping that the copper price decline continues sharply as this will make a sharp price recovery later in the year more likely. The directors aren't deserting the company yet, but a few are buying.
What I find amusing is the behaviour of some of the fans. One fan made a cameo appearance the other day to bash the company and predict its imminent demise, yet this same poster made glowing comments about another mining company which I consider to be at high risk of insolvency within 12 months. Will I post viciously about that company warning holders of my concerns? Unlikely, not least because of the uncertainty of my prediction. I have similar concerns for other companies yet I would not contemplate a nine to five venomous bombing vigil over several years for similar reasons. I really wonder about the mental status that could prompt a poster to do such a thing.
Cheers and may you get your karmic desserts,
Scrouch
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