RE:RE:still the biggest enigma on the marketLet's settle on repricing up through a buck, so you can trade off the waiting train if you want.
Longer term, that would be a massive disappointment for this old punter - you can easily model a $3-4 lift out of orphan Annie alone IF copper prices and world demand cooperate. Heruga a few bucks, HNE a few bucks, the 100% ground, one dang drill and you have a company maker.
The waiting is the hardest part. But every day more capex goes into OT, every day the world grinds through more copper and the pressure for clean energy electrical solutions gets more urgent.
There is a kind of sick feeling for the immediate short term about everybody being on hold watching this horrible Presidential election cycle in the USA, it feels like the twighlight zone while the market considers the hideous risks of President Trump. Assuming America decides it doesn't want to throw itself on a hand grenade, maybe there will be a big "common sense relief" rally in November. Maybe ETG might even follow a market trend.
cg