Jafco. My target was 5/8 when it broke back under 1. I have no current lower target, the chart does not have "prior history for me to determine such a target and that history is probably too old. The low could be 9/16, could be 1/2 or even lower. When such "Momentous" news hit and the stock yawn, I am reminded of my old rule "When the Fa and TA do not jive..." I think you may see a bounce but not much higher than 3/4 if that and then in the "news vacuum" latter, it will continue to treat holders with a perfect example of "chinese torture" going down drip by drip. I have not seen a sign of a bottom. Anyone else here see such a sign?
By the way, apart of some "confusion" in the numbers, what is new here that we did not know last week?
We were talking about $1500 per ton of goodies, we knew more or less that the process no longer involves electrowinning, we knew that they are using a resin (I still have some problems with that, but I presume they do not), so I do not see the "BIG NEWS".
We even knew that they are short on green stuff, and I presume we know that to "inquart" you need some of the goodies to inquart with. By the way, Jack, in a case like that do you inquart with Au, Pt, Pd and Rh simultaneously?
Finally, since we are not getting a noble metal "bead" but keep the metal dissolved in copper which is later dissolved for subsequent processing on a resin, why is there a need for inquartation?
Zeev |
