RE:newyorkNew like this flies under the radar sometimes with this stock. The NYSE tends to respond primarily to hard numbers and press releases.
However. I am trying to find ways to downplay this in my mind and I cannot. Having the tribe come to the negotiating table was interesting. Maybe the Provincial Gov't put pressure or something on them. But siding with TSK in extending the permit for a year is eye opening.
All the tribe has to do is say "you are on your own guys." They could even oppose extending. But they have agreed and asked for an extension. There is no other way to interpret this as that there is something they WANT out of the NP project and that the project has to go forward to accomplish this.
NP has been priced completely out of this stock. If NP speculation starts to price back in, with the price of gold and copper where it is, this stock becomes completely unpredictable--in a good way. With Florence permitted funded and being built you have some positive action, add positive news about NP--maybe an agreement with FN and the submittal of a new permit app--then you really take off.
All this even with horrible mgmt decisions of late.
I am not schizophrenic. This company is. And yes, I am increasing my position again, in baby steps. Bought back 50k this morning.