http://business.financialpost.com/2015/03/01/pdac-2015-optimism-clashes-with-reality-on-day-one-of-conference/
From the article....
“Everybody here is hoping to weather the storm,” Aubrey Eveleigh, chief executive of graphite firm Zenyatta Ventures Ltd., said in an interview.
“They’re waiting for a turnaround in the sector because we’ve seen it before. They’re hanging on with the little bit of money they have.”