Tuesday, November 01, 2011 2:35:56 PM
We may get a pop in December like we did last year. But my opinion is that we're not going anywhere major for a couple of years. We need the upswing in the vanadium cycle to get underway as well as some of these other technologies to come on line. And then, I think we'll be sitting very pretty. In the meantime, we have to hope the company can remain solvent for a couple of years. They have plenty of cash for now, but it goes fast.
I'm preparing myself for a continued haul. Prices near 20 cents are attractive. After it hits 60 cents or so in December, I'll probably start buying again later next year in the 20's. They'll have to be nearing production before anything big happens. Unless, of course, something unusual happens. Just my 2 cents.
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