He does have other commitments for sure. There's no point defending the pie yet. The volume speaks volumes lol. The majority of his shares are up to the 40 cent level. I think at that level he would have to consider buying all of it. When was the last time $15 billion worth of drilled BFS'ed property went for $300 million? Um, never? Well, he will get a crack at buying all of it for $150 million by the middle of next week. At that point we will be going private. There won't be a point of being public except for the tax advantage. The remaining 20 longs will be like bugs on a windscreen. It's almost ironic that we are headed that way with such a huge deposit.

I'm wondering where true resistance will set in, from the retail? Where will they dig in their heels and stop selling? People have to be willing to sell down in order for the sp to go lower. If they stop selling entirely the sp flattens out. The slide from $1.20 to about 1/2 of that is a complete lack of confidence. The emporer has no chothes? Did they just realize that with the BFS? It's like they didn't know the overburden was there and being left so we could expand the potential. And now they sell? They don't believe that we had Teck's nod to take that route?

So let it slide and hard. Sell Sell Sell. Perhaps a new base will form from people who know what they are looking at. No Johny's please. Give us your hard core miner types and deal makers. Everyone else need not apply.