Richard.....yes, and one may argue that we are only in 'the reality sets in' stage.
I am just comparing it to when Minefinders announced that they were going to build a mine and the stock price declined and stayed that way for a while.
With JP, he may be just as frustrated as we are in how the juniors have slacked in price rather than 'take-off' as he had been predicting. Maybe he doesn't want to wait 4-5 years for payoff. Just a thought............