The TA looks like we will hit 93 cents by Monday close. It's possible on Monday we'll see an even bigger drop as the limits are tested. This could be countered by a positive NR. The news would have to be really big. We injected value with the land but that did nothing. I'm not sure what the market would need to hear to send us up. It would probably have to be on the order of a JV or financial partnering of some kind. It's just this simple, they know the FS is mid summer and nothing short of this kind of news will get traction. What do we have in the news department that could move us? Just permits and partners. Assays will come but that's also mid summer. I don't suggest shorting just because of the Teck risk. So it might be best to take your trading position to cash and wait. I'll probably do this as soon as the black out is over. I might miss 10 cents of the drop but I'm pretty sure I can make that up. I do plan to discuss the sp with the company as I try to fish out what they are up to and the approximate timelines for stuff. If they have no plans to try shore it up that will indicate how long we can expect this to go on.

April is not materializing yet. If it's a bust we should expect to see all our stocks continue to take a beating. Next wek a guy will have to make a decision as to stay or go for the summer. I'm going to sell CP and a few others this week. I'm sure I'll get opportunities across the board by June. I'll probably just focus on CUU unless a really good dividend stock comes along. Lavalin could take a second hit soon so I'm waiting that one out.