Below $10?Lol, yesteray I said we were now safely over $10. I'm not so sure now! Timing of this news is indeed a head scratcher but it actually feeds my theory that the Greek government wants assurances that ELD is both willing and able to actually move on developing Skouries in the near term before it will grant the permits.
Lots of complaining here but anyone who didn't realize ELD was going to have to raise some big money this year, almost certainly leading to dilution, was being willfully ignorant. If the permits are granted we should recover and the approach they are taking to this deal gives them a lot of flexibility.
It does hurt to see the price drop. I feel that too. But nothing ever goes straight up. I'm staying long.