RE:SpI doubled my position today as I was most of the volume on the American. Not sure why the shares are collapsing the last few days. Maybe retail tax loss selling in a illiquid name bringing it down. Maybe people getting nervous because Bruce sold some shares, I have no idea. We are now basically the same price Newcrest paid for our 30% of Red Chris if you do the math. Copper is much higher and Polley along with Huck are going to be opening up in the near future. So, we get the cash plus Polley, Huck and a bunch of greenfield deposits for free. Plus the capital raise not done long ago went off much much higher than current prices. Metal prices not much different today than when they raised capital.
anyways what does sip sip mean?