We dont sell products, we dont mine. we are a speculative stock. our main goal is to get bought by Teck. Now people have doubts they sell . it makes more people doubt they sell too. its a downward spiral. nobody knows for sure, more doubts. we have no trimestrial sales sheets or anyting to rely on and tell us hey , its going well, hang on. speculative stocks will move up and down with emotions. now we are in a panic crisis for various causes. The bfs was not what we expected and we get poor communication. People doubt and they will follow the market to interpret what is going on. Our value is still there but one cannot put his head in the sand and expect the tinkerbell fairy to offer us a 5$ buyout anymore. I have no doubts the buyout will not be based on SP but still having a huge SP would influence negotiations.
Dont get me wrong I am awfully scared but now is definetly not the time to sell if you can hang around for 3-4 months...
IMO