The last bunch of faithful had contrarian views and that's what...

The last bunch of faithful had contrarian views and that's what makes a market. However I'm simply pointing out the formula is the same when you have the same set of management that has been repeating their strategy. Cap raise, do some superficial drilling, jv partnership, a bit more drilling, cap raise then more results etc. In order to prolong length of comfy employment, sell project to monetize and repeat. It's great for the traders but each new spike will just suck in more faithfuls to join each batch of long term holders of the past. Works very well here.