D man....Ive addressed my views in previous posts....I still think anyone who bought at the high will at least see their money back....please go back and read the posts, I still like the stock.

YN,

Again Ive reiterated my views and appended them down from some older predictions.

Management cant sell shares as easy as you or I can, first off it sends a negative image to the public, second off theres more securities regulation on insiders dumping their shares. They are not as free to trade as we are. They run the risk of investigations and allegations, you and I can simply take a pay day.

Off the top of my head: maybe they didnt take advantage of that sudden run (and lets face it, it was about 2 months we went from $1 to $2.75) because they didnt want the securities comission to start poking around. Not necessarily a well thought out scenario but its plausible...I do recall them issuing a news release stating they had no idea why the price picked up so quick.....

Its not as simple for them as seeing the forest for the trees, they arent as free to trade as us. That being said, I would suspect strongly that if they were buying back then, its just as apt a signal then as it is today...they saw profit from those levels.

The point of the post was twofold;

1) When you see profit on the table its your job to make the call.....like everything in the markets, all you can do is make your best decision and live with the consequences. Management cant issue a news release advising their shareholders to sell. Thats your call.....and as far as Im concerned, from when I got in the company was valued around $30 million bucks...at $2.69 they were valued at 1 billion. That in my eyes is no small feat....anyone got another company on the Venture that hit a billion dollar market cap coming readily to mind? A lot of the long time posters here had made some serious money.....instead of selling they chose to add to their add to their positions the same as management was doing....but then the markets soured when Europe started coming apart.

2)Dont slag management...theres a difference between retail and smart money. If you have an understanding about mining operations, proper valuation (enterprise value per oz/lb/eq is most common) and securities regulations regarding disclosure and dissemination of information, these are all things you would need to make a more qualified opinion than a less qualified one. Sadly it seemed this board went to a simple pumping mentality...and I dont think anyone necessarily got burned, but Ive stated multiple times over a year ago...that thank god everyone went all in on a very forgiving stock.

Management only ever had to live up to their contractual obligations....the buyout was pure speculation, but a likely end to the story at the time. Since then Acquisitions are predatory in nature if they happen at all and if they do happen, its at an extreme discount. Teck elected to go for 75% which left us with our chunk....and its still not a small chunk of change, there is value there...alls were seeing is the pendulum swing from optimisim to negativity....but it will swing back eventually......the nature of the markets has heavy influence on the price....but thats out of managements control.

I never once said everyone was screwed, and I personally think the management is an excellent team thats filled with integrity, although theres been a lot of skewing on this board claiming "what management said"....for instance..."you wont believe the numbers" (management cannot make this statement, and with the level of experience on the team I serious cant even see them coming close to making this)..."call management and see for yourself...I have a smile on my face".....a lot of the communal idea on this board came from semi realities and not at all factual ones....I spent a year trying to interject some healthy pessimism and some common sense.....but the opinions were so strong here (and censored) that I just gave up. Seriously...go back to 2012 and look at some of the posts....where on earth did some of the most valued posters on this board get ideas that "since January 6th theres been word of a positive FS" or that FS would "be out before PDAC"...did anyone ever stop to think about where they got this info from? Go back and read them. Thats the kind of "info" that built a total surrealness into this whole story, it built the legend up so much that management didnt even have a chance of making the reality even close. Yet theyre seemingly lambasted for this....they are not responsible for peoples ideas of where the price will go...they are only responsible for doing the best they can, yet this board tasked them with living up to the legend.

And lets not even get into the fact that there was clear censorship on this board.....why in the hell we need 11 hub leaders is beyond me, and a good chunk of them only want to hear one kind of an opinion.....doesnt help with balanced information. When you have money on the line I believe very strongly in your right to unbiased information, be it positive or negative....correct information helps you make correct decisions. Skewed information causes events like what we just witnessed. Now if more relaistic information had been presented...my guess is a lot more of you would have sold on that initial run up.

Its almost kind of poetic the way the fluctuations of the markets worked here really.....good lesson for all involved....however Im going to say this again as Ive said it before.

CUU is the safest bet on the Venture on my eyes.....thank god everyone sunk their money in on something so forgiving...if you didnt have the security of 25% of Schaft creek, a strong management team and two more extremely prospective projects in Arizona....yeah you would have been screwed.

But management gave you one hell of a safety net.

Ignore the short term price.....patience might not be everyones strong suit after waiting around for the legendary buyout....but patience is what will save your investment now....just wait for it....and quit pointing fingers for the share price because its the state of the markets and nothing but.

Rogue,