RE:RE:Same idiot seller
Kinza 1-your logic is sound if you want to look at it that way. Why I remain long is because; 1) they are adding to reserves (albeit slower than I'd like) that should be worth more in the future. 2) they are not really burning cash at any substantial rate. They will survive this shakeout. 3) there is the Indonesia "home run" possibility. 4) they are sitting on a pile of cash that may be used to buy into something lucrative at depressed prices. All in all, I'm sitting tight although I admit that it's been frustrating for the last few years.