Rollback
I love those rollbacks. I had a few myself in the last thirty years.
In this environment I think it will be a long time for people to get their money back to break even except for the insiders.
Lions gate may be worth buying when it drops back to the low and even lower hopefully next December at tax loss selling time. In this environment at .80 the price is way to high if you want my opinion.
I have some friends who bought adanac at $2.35. and they aren't not happy campers.
This makes for long term holding because they do have a orebody. This one is on my future to buy list.
The countries around the world are all printing money so fast that we could see all the currencies rolled back on a 10-1 basis when we wake up the next day. this is one way to keep capitalism alive. ROLLBACKS
On a lighter note. I believe Mexico rolled back their currency about 10 years or so (maybe not the exact date)
but the mexicans woke up and felt the same way as you people who bought cuu.
Came back from mexico last night and during the week the peso dropped against the $us by over a peso. Todays price is just over 15 pesoes to the $us
Rented a car very cheaply every thing founded for $60.00 U.S. ( brand new.) The highways in the Cancun area are in great shape compared to some of these in Canada. Fuel is 7.41 pesoes per litre. To top it off I purchased a beautiful silver .999 (onza) one ounce coin valued on the silver spot price (Libertad dollar) every day. Their is a fairly high silver premium on this coin when you buy it from the Bank of Asteca at the Ellectra Hardware store. That is the only place I know of where to buy it. This hardware store has branches in all good size mexican towns. Had no trouble bringing it into Canada as long as you don't go over your limit of $750.00 per year.
Anyway this is not all doomday but some physical metals makes me sleep better.