Is this volcano about to blow?I must say seeing the huge ask volume today gives me concern that people are so exacerbated by the situation that they are heading for the exits. Last year, a friend of mine said get out now while you can - that was when we were at 2.5-3.0 cents. I thought he was crazy. Now I know I am the one who was crazy. Being a long term shareholder 10+ years I have not seen this before - back in 2008 it was 2 cents - think of all the years my funds have been sitting there. When it went to 12 cents in 2010 I put my entire funds into it thinking that finally this project was going to pull through. Now that 2010 investment is obliterated and all my attempts to lower my averages by buying more and more on the way down - 8 cents, 6 cents, 4 cents, 2.5 cents, then 1.5. My average is now around 6 cents. And still there is silence. The MM remain as silence to me as they mean nothing - they do nothing but enhance the fact that I have put so much on the line for so very little in return.
I hate to be a drain on this board - but I am just venting some steam - not mad - just shell shocked how horribly wrong this investment has gone. If, and at this point it is a big IF, we do see the light of day and there is a brighter tomorrow - I never, ever, want to put another cent in Canadian mining. There are too many players - too much greed - too little willingness to work together to make things happen.
My rant is done. My investment appears to be equally done. My only hope is the adage that there is "darkness before dawn" - I hope this darkness is temporary and the bright day for all of us who have invested so much for so little will finally be rewarded. I just hope that Frank does not pull a Neil Novak (of Spider fame) on us and send us on our way because he is "too tired" to keep up the fight for the shareholders and then walks away with his pot of gold while those of us who got him here is left with nothing but a bag of coal........