Monday, August 29, 2011

What was that definition of insanity that Einstein came up with again...?


1) In early 2011 the dumbass Canadian anal yst community drives their shareholders straight off a cliff by getting them into Coro Mining (COP.to) and promising them the environmental permit final approval is just one rubberstamp away, when in fact the dangers were crystal clear for anyone who actually understands how Argentine politics works.

2) Coro Mining (COP.to) is refused its permit last week and the stock tanks over 50% from an already low level (and way below the silly $1.80 and $2 targets bandied about by said anal ysts).

3) Same anal ysts now say that the permit denial is not as bad as it seems and that the project is merely being "delayed" a couple of years.

4) Same sheep clients actually believe this line and buy COP.to this morning.


The blind leading the blind.