RE:RE:Just another punch in the gut day!Right now, CRE is being held back by fears regarding that the provincial permit may not be granted. I think our low volume is testament that everyone who wants in is in with as much as they want to own given the current risk level. Those who have held this long are not likely to sell much for $1.30, I know I won't. And those who don't like the risk are on the sidelines with their finger on the buy button for as soon as the permit news is released. I hope that when we do get the permit news that there isn't much traded at these levels before we head north but I suspect there will be so much selling that it might take some time for the SP to rise and investors will get the opportunity to build positions at low prices without the risk. Time will tell. As for FL, I have no idea who is buying at these prices. They have consistent high volume and their float is similar to ours. I had a small position but sold much too early. I didn't buy any back because it just looks like it is way too far ahead of itself, same goes for PMET. But what do I know. If I had bought FL and PMET years back instead of CRE and held them with the same confidence then I'd be on easy street now. Moral of the story - don't take any I ever say as investment advice.
One another note, what are the odds that the Quebec government rubber stamped our rehabilitation and restoration plan because they finally received the thumbs up from comex? Just a thought.