RE: Can't we all just get along? goggy,
let me state first, that i have nothing against going short. It gives much more flexibility and it also helps not only to be focused on the positive things, but also to value the negative aspects, which overall IMO makes for a more objective look in general.
But you write
"they're making a killing on the ineptness of this team who wrongly chose to drill off tonnage on a deposit that WAS KNOWN"
This is wrong. The deposit was ESTIMATED, now it is KNOWN. It has been derisked. Very good for the substance of the PEA. A good PEA would weigh much more now.
But now to your short: Congrats, if you take that much risk and are making money in the long run with it. For me this would be WAY to risky at these level: the insiders have already sold to excercise their options, the new CEO has bought, tax loss selling season is almost over the TSX and PMs are showing strenght. And there are additional drill results expected for this year.
I could fully understand, if you would have gone short after the latest drill results and the rapid rise above $2,00. Bevore tax loss selling season, the options were to expire. A decent chance/risk ratio. But shorting at 1,15 now? Why don't you go to the casino?