When news is expected and nothing occurs. Impatience and skeptimism returns.
Smelters are backed up and people want results yesterday. The last press release by RK pointed to results within 3 weeks. This backfired or maybe it was intentional to bring down share price on the company buyback plan; SFMI can get more shares off the market with lower pps because they understand the impatience of the buyers. This is my opinion.
Hopefully, the smelter results come out sooner than later.
What I like to see in 2011, is a potential buyer come in and make an offer at decent price per share so we can all retire on the beach and watch the tide come in and out instead of watching SFMI go up and down because of second guessing of what is expected and what isn't.