RE: RE: Whoever is SellingArny baby... Mr. Stella himself. I'll agreewith you that margin problems wasn't a cause for BTC action yesterday.
The way I see it these days is that those cheap transaction fees causes lots of volatility plus I called by mistake pro players. I should have meant amateur players. So the way it could turn out in the next day or two is that the stop loss sellers realize they made a big mistake and buy back in and those player that thought they could make a fast trade and pick it up on the down low will realize they made a mistake so if this in fact does happen then we should see a spike in price. I'm not sure if it will happen today but could be in the next few days but that is just a wild guess.
I could be way out to lunch but the latest press on Chacay is fantastic but that is JMHO. Tech must be really interested since they are just down the road so we have one player for sure in the mix. Copper is at record prices. Gold looks like we've turned the corner so any major company is making major cash. So I would say that a few other majors players will be interested in Coro and they have major cash to burn. This is pretty close to a perfect storm to get major value for Coro. So the question is how much is Coro worth. We know for a fact that Chacay is open at depth and San Jorge I think is open to the west or what ever direction it is but it's open. So the problem we have now is what price can you put on unknown resources. I sure hope they drill the open area on Coro and build up more resources but we'll have to wait and see how this plays out. The present price of Coro is no where near what the take out price will be but that is JMHO.
MM