RE:RE:RE:Expected DEAD CAT bounce.......I've been playing junior miners for 30 plus years probably well over 100 juniors and never, repeat never, had one become a mine. But still have had some great return on investment/gamble.
I think most realize that holding on during the pump cycle thinking it's going to be a mine some day is a lost cause, and lost opportunity.
You accumulate during tax loss and the off season, wait for the hopeful share price increase during the pump/drill/promotion whatever you want to call it, then sell into that.
I wouldn't say that Ed has NO intention to ever build a mine. I would say the chances of discovering something that's even worthy to build a mine is likely less then .05%.....and most know that. Or at least they should if their playing with these juniors.
As much as I'm by no means a Ed fan, I'm pretty sure if he ever hit the big one he would build a mine. Or more likely the senior that would buy them out would build it.
Have a good weekend all.