RE:RE:Short sellers are activeI see that Anonymous is back selling aggressively again. Interesting that III's current market capitalisation is less than the value of its 30% interest in Red Chris, even based on the price paid by NCM for its 70% acquisition of Red Chris way back in early 2019. This despite the significant increase in the value of the resource at Red Chris since then e.g. the East Ridge - and ignoring Mt Polley, etc.
Reminds me of the recently submitted buy out by Rio Tinto of TRQ's minority shareholders - Rio Tinto's bid is more than double the market value of TRQ at the time of the proposed buy out. Similar to III, TRQ was battling to fully fund its project cash calls.
I suggest that the key is to focus on intrinsic value, and buy when a stock is oversold - not easy!