Did you serious just indicate speaking with JSL and averaging down.
Good luck to All!
@ulyseesconstantine @crobinso2010 CRE may be more optimistic on price than anyone on this forum and they are understandably holding out for a better price than the current spot price - which make sense for the NPV of Rose in a long-term off-take deal. Eric and JSL are both concerned with dilution which gives me a pinch of comfort. If a poor deal is done (on a spot or a small premium to spot) the NPV goes down - but they might do such a deal to have Rose as a lost-leader to get Rose-West and the other properties developed. That would not be good news for us in the short run. If my read of the conversation I had today with JSL is correct, they are close with an OEMs including Automobile manufacturers (NOT a Mining company that might want a Canadian footprint). All that said, I averaged down again today and picked up another 10K shares but and will leave my holdings at the lofty level I am at, until the stock price surges.
https://ibb.co/z2JXNny 