RE:Day traders are funny
I do not see where there is "bad news" here at all. I admit, I sold @.06 and bought back at .055. Took the extra 20k shares, gladly.
People seem to only pick up on the lack of gaining that recovery on initial extraction process. What they miss out on is the fact that simply changing the extraction rate, we can get that 80% recovery and lose 6% on gold recovery. EGX released news on doubling the strike length for EGX which could, in theory, prove up another 2 billion lbs of copper. Do the math... this MET shows improvements. I'll take 26% more copper with a 6% gold loss anyday!!