Its not always about whats reasonable, there Are so many factors in the sale of a junior , especially when there is no Mine construction. Niobec was a fully operational mine for years. although CXX metallurgy is significantly better and our Capex , grade and life of mine are superior. It comes down to the risk reward. Tremont owning 50% etc
What I mean is, anyone here who invested is most likely in at 15 to 25 Cents, so if we get 70 cents or so, we have a 300% to 450% return. Its not too bad. also it comes down to time held. I'm not negative at all, just not going to jump of a bridge if I make 400% to hold a junior stock for 12 months or so. We should hear by end of January at the latest a news update.
Lets hope 2017 starts off great with a nice juicy news release, its feeling about any day now. Low volume and little selling pressure. so timing is great