The TSX has come down 30-35% already....I don't know if I would say another 25%...that seems a bit much...respectfully have to say that I see it dropping possibly a little more, but not 2000pts more...the feds should step in soon and they'll do something about it, cut interest rates etc. $1.20 could be it though! We're near capitulation, there has been an extreme sell off already in the markets and the bottom is close no question. Never thought we'd see these levels again, but just happen to be unlucky to have to live through one of the worst financial meltdowns...but I bet we won't see it happen again, and I'm sure all governments in the world will make sure of that. Whoever is selling now, is getting robbed, but some people don't have a choice, and its times like this when people are selling at any prices that we near a bottom. Sprott has bought a lot of the company close to 15% I think, averaged in at I believe $2+, and I don't see them selling at all...not buying either, unless they are anonymous the past week. I think they have too many shares to buy anymore, even if its this cheap.

The ones selling are the Merrill's and RBC's, and let them. Fraser has picked up 2M+ shares the past week and hasn't sold any. A lot of the other institutions that were buying early on during the run up are coming back to buy..like Dundee, National Bank, Canaccord, Wellington etc...just accumulating, which is why we aren't see huge increases in SP...just putting in bids.

Anyone have anything to add?