Way back in January or so, I said that the sp is most likely to dip below 30 cents, of course with an escape clause - provided no significant news. That was partly due to classic 'Sell in May and go away' for the summer behaviour. Also I did not expect those earth moving news to happen, having realized that the expected news should have come in the autumn AND it did not. So no reason it should happen by end of May.
Same old ad naseum, from politicos and natives.
However I must say a few words, Because sp did not dip below 30 cents. And why not?
While we are being worn out by waiting and endless empty promisses, I believe that most investors are now begining to see some light just before dawn. NO it is not the dawn yet but things are in place for profound progress. Some of you complain about governments and politicians, so what do you expect from them in light of the following:
Belly aching natives.
Governments need to consult those communities that are to be most impacted by roads and mines = reason being about what, when and mostly how.
Note how Webequie has been so quiet over the years as if they do not exist. This is because the Ring is more their's then any other native community near the Ring. So no worries for them on this issue.
However there are those that have little claim on the Ring and so are using every excuse they can to blackmail the haves, miners and governments.
About those I say: To 'Protect their way of life' they should give up their guns, sky-doos, future roads with jobs and go back to the stone age. They can not have their cake and also eat it, unfortunately that is the reality of life and progress.
Bottom line - They should be recognized as belly achers and ignored. By force should it come to that extreme. ( Note: Politicians do lack back bones to do what is really needed.)
I now feel that if the media were not used by the belly achers, the poiticians would have given us the road and mines would be under construction Today.
Most investors are realizing all the above and are betting through our recent stable sp that the big problem will be dealt with soon enough. At least that is my hope.
Ed G.
