The problem with that theory is that few people here have a loss with SIRG. Most of us loaded up when it was under 1/2 cent, so we are looking at 100% or better gains.

I do agree the s/p will continue to be under pressure as time goes by. We are approaching 5 months from the end of Q1 where everyone is expecting to be producing copper, and a lot has to happen between now and then. Every day that goes by without final permits and funding puts that date at risk, and the pressure will increase.