If they **** around enough, the price of metals will have gone through the floor again!
Either they are confident that the prices will go up and up and up (the sentiment behind this would have had greater rewards in speculation) or.....
.....it's total mismanagement of the highest degree. The price is up, it's a matter of placing a bet, pumping and stoping. We have to remember that the people financing this are not pension/hedge funds.
I personally think this is about getting a big fat portfolio together and the directors of the company selling out and making a fortune and the mere theatre in the meantime being just that.
I'll put all my chips on this company doing nothing apart from portfolio building before they sell out.
I'd love them to carry the flag, but by the way they are going about it, you would think this was a financial long shot. Something that the dragons would decline