RE:PEAI have been 110% behind the company since I started buying long ago now . I have a large position . At least for me . It has been a never ending wait for permits and nothing ever seems to happen. You can`t blame everything on Covid and bad weather ,especially when 1st Nations are on your side . At some point you have to start going after politicians and make them look bad in front of their voters . Does nobody in Central BC want a high paying mining job ?
I admit I`m pretty thick but the PEA started 4 months ago at the height of a bull market in metals . It must have been near completion . Recessions are a normal part of the business cycle . You wouldn`t place your bets on $4.50 copper . You would take an average of the last number of years . $3.50 is still a very good price for copper .
I have had dead money here now for quite a while and I`m well into the red . There are just too many other opportunities out there . I really have to start considering unwinding and moving on . Before there is another private placement .