RE:RE:This stock feels dead MTZ
Their are a lot of other forces in play. Right now the crypto fantasy is taking the lead. The exchanges are designed to pay on "The transaction". Much like taking 60 bucks out of an ATM ... you are charged $ 2.50. All of the crypto's are designed to be transacted and the concept is to charge for partial coins etc. that is my interpretation and nothing really backing any of it? By the way Bitcoin was about 650 u.s when probe went for 5.25 7 years ago.
My only challenge with Probe is the silent approach and somewhat high salaries.
Under the Trudeau government mining has taken a back seat to battery plants etc. it's ironic 170 plus billion in corporate welfare for about 4000 battery total jobs and yet no announcement to fast track lithium mines ? WTF
It will take 7+ years to get a mine going since the Feds are involved with every aspect of permitting above 5000 tons per day.
PRB is caught in the middle along with other Juniors. Ring of Fire same boat. Canada has become non competitive and mired in federal paperwork.
Ironically, we are immigrating people at a rapid pace and not yielding any true job creation. Excess people no jobs is wage regression. Trudeau has offset this with billions in social funding designed to create government hedgemony and keep poor people poor, take from the middle class and leave the wealthy alone.
Our government should run like a business less red tape and more recognition for moving forward to complete globally.
PRB well I have too many shares. Over the last 7 years I have been in other better performing More liquid investments but PRB is still a major. We will all have to wait and see. It's all unfortunate but after this I will be out.
All the Best
GLTA