Being prudent is the smart thing to do. Calculate the cash flow from projects (M1 (underground mining,...expensive!), Klipspringer fissures(go or no go?), Messina (pretty puny profits under the current plan)and Camafucka (mining diamonds in the war zone) over the next few years based on what they told us in the conference call and it's not very impressive. Add to this the negative market sentiment, and you don't get a pretty picture for the share price.
The hamster is mostly out. Got a few shares just in case they find something decent exploration wise. I don't short,..I'm just mainly out.
Now if you want to talk about CIC, RIM, DMX, LOR, WIZ, VEN, JDX, EKP, PNP, GLE,IW, KCA, etc.,etc., then that's another story. Before you short these,...examine what happened to Au Contraire,...
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