RE:RE:RE:RE:Put In GTC Orders At Much Higher Price The reason the Banksters/Gangsters or others are able to continually bring this stock down is soley based on the lack of information from SDC and RIO on the plan for this summer.
SDC knows this fact, and also I am sure they do not want to see their stock drop. Yet, for well over two weeks (the longerst wait in some time between PRs) in the busiest part of the year when we all expect the most news/activity, there has been nothing.
Why would this be the case?
One option is SDC has nothing to report. This is not true. They could report any number of updates just to keep the readers appeased. I don't buy that there is nothing to report. It makes no sense. There is likley an agreement between SDC and Rio not to report.
Another option could be that what they could report is not good (i.e. no mining decision). However, the stock is slipping with SDCs silence alone. If the news was bad, I would think SDC would rip the bandaid off early and hope for a drop from a higher stock price quickly, rather then a drop later from a lower, silence driven, depressed stock price. So, the bad news option does not make much sense either.
The third option is that the parties are negotiating a budget or buy out and the value of the stock in the mean time is immaterial. This is the most likey option for the silence over the last few weeks.
My advice, therefore - hold your stocks. Don't let fear of inaction or lack of information force you to a sale.
I predict that in the next week or two there will be a number on the table, agreed upon by all managment parties - either a budget for exploration/development this summer or an outright buy out. I lean towards buy out. Rio does not want to go any further with SDC involved in multi-billion dollar mining decisions.
Thoughts?