RE:RE:RE:RE:RE:Large Wall At $2.43 It is pathetic for the stock and the project (fully permitted) to not be able to sell 1M shares at a 25% or 50%) discount compared to peers!!!
This alone speaks volumes and I have been saying since November 2022 that the delay will slowly destroy the price gain. By now all should agree that I was correct in my assessment that no deal until drilling results are available and positive.
Why I'm still here? Here why:
• Only permitted project in James Bay without any deal
• Even at $1,800 SC 5.5 this is worth $4-$5/share depending on the financial deal(s)
• Management said no dilution at these levels (I choose to believe them)
• The stock I wanted to buy back in December is now 3x so I have nowhere to invest and will be waiting for my 100% return from these levels within 1 year.
It really sucks to be CRE holder, once I can sell above $4 will never look back!! My longest holding ever for not-that-great returns so far...