I agree with simc1. It's really the entire sector. Big money is gone and only retail is left.

For CUU it was pretty good though, we were at the 1.00-1.30s up until the BFS came out where we started sliding down to 80 cents and now down to 20 cents.

So why was the BFS so poorly done? was it because we didn't drill enough at SC?

Either way, we got our deal and that's with Teck.

My conspiracy theory is that there were a group of retail investors who's main strategy was hoping for the BFS to come out and we get a buyout. Since it was a JV, a lot of ppl sold and moved on to other cheap juniors. Simple as that. You combine that decent amount of selling + the lack of buyers, we slowly sank to this level.