RE:RE:RE:Have we
The Corona virus, although legit, is a front for the Central Bank economy crashing - i.e. an "event" - this virus will no longer be this big of an issue in 3 months.... Look closely at what the FedReserve did the past 24-48 hours - market trading was "halted" for 15 minutes mid-day & then the Fed poured 1.5 TRILLION into the market today to take effect in the overnight REPO markets, yet the Dow still fell 2000 points. Why? How much you want to bet this infusion of Fed funds won't make a difference and the market goes down further tomorrow? 3/17 is a very important day for Banks to release quarterly results. I personally think Jerome Powell (like many CEO's) will resign tomorrow - on Friday the 13th - why? Because they can lower rates and pump more $$ into the market but it's not helping the economy, it's only getting worse - a HUGE bubble that's about to burst! All of the Banks are failing and have very little (if any) liquidity. The Fed's days, as we know it, are numbered. Gold backed currency will be the new norm, not this fake credit bubble we live in today.
All supply chains are breaking down (China) and trade will soon be impacted (because US manufacturing was off-shored & inventory is scarce). Trump has been working hard in putting bi-lateral trade deals in place to offset the crashing central bank debt based fiat system & I think this is all strategically planned to migrate back to a gold backed standard, where the Fed Reserve will be part of the Gov't again (as opposed to a private company) - there are currently two US economies in place - a debt based fiat economy, which is failing before your eyes & the people's economy, which is begin built and is stronger every day (due to tarriffs) & includes the USMCA trade deal, including REE's begin ethically mined. This is the economy where the mining industry will mature because we can no longer be dependent on China or others. Over time, USA, CA, &Mexico will become a manufacuring powerhouse that will no longer rely on the petro dollar. Many of these trade deals have been signed and are just waiting to be implemented.
My take, why release any news when the market isn't ready? - timing is EVERYTHING! - The stock price decline is not a CYP management thing & PFS release has nothing to do with the current share price because everything is tanking at the moment. I suspect the delays and add'l testing is the result of the US Gov't (USGS, DHS) being interested (as opposed to say ALB) in securing locally sourced REE supply chains, primarily for Military purposes, hence the add'l delays....
Personally, I hope CYP doesn't release the PFS until April... let the debt based central bank economy implode first. Then smart money will flow into this space and that's when you'll see things progress as expected, where the shareprice will reflect the true value CYP and other similar producers. That's my take as a US citizen now living in Arizona.
GLTA!