A bit alternative in that I was actually somewhat relieved to see the price of silver get the wind taken out of its sails. What left a nasty taste in the mouth was the way ECU was bombed after it had hardly enjoyed any of the price rise of the underlying. As we all know this was purposely done by those dastardly ECU shorts but after a couple of days of pathetic wobbling like a spineless jellyfish I determined to not even bother with checking the share price and go ride my bike up a few big peaks instead (Jim Sinclair, thanks for that advice Mr Stand-up Guy). For now I would much rather silver bullion rise at a more moderate pace so that it reduces the probability that bankrupt governments will try to steal what fairly belongs to the long-suffering junior shareholders, and also perhaps make the big fish think twice about acquiring companies like ECU which have so much potential. I'd like silver bullion to keep fairly cool until ECU has proved up what has a reasonable chance of being a monumental resource and if so within a short time the shorts will be completely eviscerated. If ECU management can help to force the shorting issue with the TSX all power to them but based on experience we shouldn't hold our breath. We are basically on our own but after many years of ups and downs with ECU I am certainly not going to bail now, the risk/reward proposition is just too good.
Happy Buddha's birthday (today) and may your lotus petals forever blossom!
Overdrive