RE:RE:RE:RE:RE:RE:RE:Deal is getting close Sooner, we are up about 15% from where we were pre-RIO announcement. Granted, we are down from RIO's buy-in price, but is anyone really complaining that they are able to buy at a better price than the insiders are?!
What we saw back in May was the hot money rush in on the hopes of a quick flip. Those buying at $2 were hoping for a move to $4. Once the momentum stalled, WRN slowly crept back down to the current levels which would've been consistent with slow and steady accumulation over the last 5 months.
The hot money has left the party and it is just we investors left standing. Don't worry, fiat is dying and gold will be left atop the heap when it is all said and done. We have gold in spades and are the crown jewel of the Yukon. Investing is about positioning oneself to take advantage of the future, not worrying about the momentary ups and downs in the present.
No need to defend the share price against the vagaries of the market, just take the gift of low prices in stride and say thank you.