But unfortunatly, what it did is give manipulators, shorters a green light to go hard at the SP. With no news guaranteed for probably a few trading days now, we can expect more of this I fear. I did pick up more shares today at the 3.80 mark and consider it a great purchase. Where is the bottom, is anyone's guess. With no news on the horizon till late next week or later (IMHO) we may still go a little lower. Have I sold any shares and hoping for that dip to pick more up? Absolutly NOT. We are way below where we should be and this can go back up to $5.00 without news.
However, whatever happens to the share price in the next week or so has no bearing whatsoever on the value of this great company. By June 1st we will be up considerably from this below 4s area and we will look at this like we looked at that dip in January.
So AGAIN, it is all about patience!! I am sorry for those who got excited about a NR today and got what we got. Obviously, this was not the news I was expecting. That news is sitting in Toronto in a lab but it will show itself and all we be better again.
Thanks to all those who jumped in and praised my history as a dependable poster. I am long on NOT and would not say anything to steer this great ship wrong.
I hope everyone enjoys a great weekend!
Glorieux