RE:RE:told you soI totally agree minefriller.
These g. darn metals markets, especially equities, are: rigged, corrupt, manipulated, run by thieves and whores, makes the likes of Poncho Villa's gang look like saints.
Not only do "we" have to worry about all the KNOWN UNKNOWS, but there are all the UNKNOWN UNKNOWNS lurking out there, (witness our Black Friday Zinc massacre ), to quote a former U.S. defense sec. Rummyfield. He was an old grump but right on this concept. I was blindsided like all the rest of us. Sprott is a d ouche bag. CZN management is honest I believe, they are just forced to swim in a poisioned pond now. Greg MacC must be smoking some of that Colorado High Mnt. weed, and then Johnny MacP selling out too. Way too many varibles and things to worry about here. In the markets when you see one *****croach more soon follow, has been my experience in most stocks. I'am done with all the B s .
I have concluded the only way to play the metals so to speak is to buy the bullion at this cheap price and put it in a safe They can't steal it from you that way, at least lowers the risk, and hidden. Silver on sale imo. From my perspective now after this last Friday last hour spanking is to take the CZN funds and just buy silver bullion with it. Silver at least has an 80% of doubling in price back to $40 in 2 years, instead of getting more gray hair over wondering if CZN will double to $1.20, where there is an 80% chance of it not happening now. Management at CZN gets their their salary still, and we got poked in the eye.
Unless you are chasing the trash like Google, Priceline, Tesla, Amazon, yuppie puppy high priced coffee in Starbucks, and FattyMacDonalds you lose. It is Bizzaro World. Either I'll buy sillver bullion or an allocation of the aforementioned glamor stocks, or half and half.. Actually a pot store in Colorado or Washington would be the best investment or 3 D printing.
Personally, I favour , and will, selling most of my miners, not just CZN, and just putting the money into the actual metals and taking possession, then I have control over my destiny, and I have already financed it so to speak.. Heck you can buy 10,000 lbs of zinc from a commodities broker for $8300.00 and if it goes up .25 cents you make $2500.00. Zinc could go up and the miners go down if markets crash again. What took 10 years to accomplish the markets crooks took back in 10 minutes. And we will never get any answers or the truth as to what happened.
Also, the best metal CZN has in PC is the silver, and who knows how much Sandstorm will want to "steal" from them? So I propose a contest ; what will double in price first?; silver bullion or CZN. I'll wager the former now. Check closing prices on Sept. 23rd, 2015.
Lets hope it doesn't crash down again Mon. morn. It should have a dead cat bounce. Who knows nothing makes sense anymore, nor does it have to. I am just not dealing with all the angst anymore.
GLTA whatever path you choose. But after pondering it all I have chosen to depart ways. ( I am usually wrong bty ) I hope it goes to $4 for those of you with enough fortitude and time to hang on, but I am taking another fork in the road away from all this nonsense and irrational events.
I may visit here once in awhile, but this chapther has taken 10 years off my life, getting rid of it like a bad wife.
Blue as always.
Adios muchachos e muchachas. Au revoir, and Good Luck