Crazy H,
The takedown of the resource stocks appear to have been orchestrated. The crazy value you say that the market is using for gold in the ground is a contradiction to market fundamentals. A huge and blatant parody of the present economic conditions. There were resource stocks trading for less than the money they had in their own treasuries, excluding millions of ounces of gold in some cases. These stocks were highly institutionally held, very unlike SLI, and I don,t believe you can compare them to SLI because of our unique shareholder base.
For another Parody, can you please explain to me how this banks sp continues to rise as the numerous lawsuits against it rises? Does this make sense to you? I am not picking on this bank, but using it as an example to show what I am saying.
http://www.marketwatch.com/investing/stock/jpm
http://www.huffingtonpost.com/2012/08/10/jpmorgan-chase-lawsuits-probes_n_1764194.html
Fundamentals are absent from the markets. With that in mind,how can value be placed on anything and how can a market say its operating with integrity? I believe in these current conditions, the buyers and sellers of these stocks should be looked at more closely. So there are no reasons,only excuses that may have been offered by the perpetrators themselves.
IMO
