Joey, you remind me of another Joey that used to hang out here a while back. This thread started with a commentary on a Samancor ferrochrome expert coming to speak to a NOT luncheon. Now why would that happen or even be permitted to happen when developement of the ROF chrome could theoretically put them out of business. One of the big "ifs" is whether the chrome we have is profitable. It certainly has the grades to be, no ifs there. It certainly has the widths and depths to be, no ifs there. There is drilling taking place at NOT and FWR continuously to prove up the length and tonnage. The assays are giving us continual good news. So, if I was a betting man, and it appears that I am given I have skin in the game, I'd bet that between NOT and FWR we have plenty enough of chromite to supply a sizeable chunk of the global market for a few decades. Not good for Samancor who are operating in a country that is going through drastic social and political change. That kind of change in Africa historically would send shivers up my back if I had a major mining operation there. Maybe thats why they are checking us out. In the end, its all about the money.
As for the markets, optimism is definitely not the flavor of the day, color of choice, menu recommendation, etc etc. Look at any mining related stock and you will see desolation and despair but only for a period of time. Forgive me for going out on a limb to be optimistic from time to time about a stock I have followed for a long time. I am losing my shirt but see a glimmer of light at the end of the tunnel when an expert from a major company wants to address our investment to talk about the resource and the future. I'd rather see it that way than seeing the light as a train and having nowhere to escape.