The dip in the SP means nothing.
in response to
by
posted on
Dec 08, 2011 07:49AM
(Edit this Message from the "Fast Facts" Section)
Whether the SP keeps up or not doesn't matter. What does matter is that those investing from here on out are not investing because of low OS, they are not investing because of the crappy tailings, and they sure aren't investing because of the quality of the PR's (understatement of the year.) They are investing for one reason and one reason only: drilling on WEM to prove up our reserves, get trading on the TSX, and get the heck bought out. Period.
If this is what needs to happen to accomplish this, then let's get rocking...or, rather, drilling the rocks.
Something tells me that NY saw this coming (or knew it was coming)...and they're ready to load up again in the .03's and .04's. They obviously have friends, and they will get a great deal on a very cheap mining company with millions of ounces of precious metal reserves (assumed.)
They won't be alone.
All my opinion...which is about to be rewarded.