Stock price when the opinion was issued
This is a bundle of super, super speculative companies and the market goes through these periods of speculation and promotion. The question is, is the next speculative cycle going to be in mining or somewhere else. If it is going to be in mining, this company will come back. This is one that you don’t put any serious money into it.
This one is going to be tough. They kicked out management. It had to sell off a lot of assets to avoid contravention of its covenants. Now you have to sit with it. He would call it a reluctant hold. If resources go up, it could be a good lottery ticket. Don’t average down.