Talking of copper, spot is now at $3.13. It had been up at $3.20 overnight, and the long term trendline can be called broken at a $3.10 or lower close, I'd venture.
Silver has been taken to the cleaners, with spot at $11.97 at time of writing. Amongst the casualties are Fortuna Silver, now down at 90c. This time I'm adding.
I'm buying because all I see is capitulation selling. Panic is all around, and towels are being thrown into the ring from all angles. Today is a great day to buy, put me on record for that.
Meanwhile, I'm actually up on the ARG.to ($1.38 but not a total fill) I got this morning. I didn't fill on CS.to and will wait for my price. If copper spot does break to the downside, I'd rather be in a liquid position such as FCX than a smaller play getting crucified on the bid by a Canadian MM crook-in-suit.
As for the Colossus news, I'm very happy I waited and didn't re-enter CSI.to. Our friend Patrick Anderson joins the board to 'add value' (according to the PR). It's interesting to see the total stock price apathy that greeted this announcement compared to the last time Keith Barron's name was added to a director's roster. Even if they drill into the El Dorado motherlode there is no way that I'd buy CSI.to now. Fool me once, shame on you.....
UPDATE: Got my CS.to at $2.89