Yes...that's how the commodity cycle works.
From an investment standpoint, if you believe in the long-term future of a commodity, you don't invest at the top.
How many lithium juniors are getting a run at the moment, despite the fact that market is cooked.
I think the gold project pivot s their only hope in the short term, but I don't know any high-quality mines in Scotland, so I doubt it will do much.
People take positions in shell companies at an early stage for the eventual asset shuffle and recapitalization - this company could be that or it could be a graphite play - but it needs new management.
You might not remember this far back, but it wasn't that long ago everyone on this site was saying "any day now" "the bull is ready" and so forth...
Another Friday passes, weeks turn into months, months into years.
First DFS was like 3 years ago?
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