RE:RE:What Has Changed??
EdwardBlake wrote: As far as I can tell, nothing has changed. If what I am able to piece together on this board is accurate, some newsletter writer issued a sell based on an inaccurate translation of what the mining minister said about the license. Under normal market conditions we could have absorbed the selling, but we simultaneously got hit with metals getting slammed, This created margin pressure and stop loss selling. Looks like we are over the hump now.
This is exactly what happened and all these sellers never bothered to check if the information was correct. In fact some users here kept parroting the incorrect info while it was presented to them further driving the price down over two days.
I found the video of the interview on Youtube and it was clearly in favor of GQC and mining in the DR. In fact in the Youtube comments there is a hispanic remark on the benifit that mining has brought to the community. People need good paying jobs.