You are probably 100% correct, and this is a sad statement. This is the reason that Canada is becoming more and more foreign owned. Collectively, we are looking at a very short term gain instead of looking over the horizon.
Keeping the SP low for the purpose of having a couple of PP come out puts you at risk of getting bought out at pennies because you are a good acquisition target. I have a feeling, that despite the bravado that Wes displays about mining the ROF, he has no intention of that happening, since he would rather sell for a few bucks than have a lifetime of steady dividends.
Again, it is a Canadian short term philosophy that I hope we manage to overcome some day.
In the mean time, I will trade the highs and lows, or almost, since I can never time the bloody things :)