RE:What now?It makes complete sense for this stock to be shorted the way it has considering they dumped a turd of an announcement before Christmas (ho ho ho) stating they need more capital....a lot more capital to fund Magino. The short squeeze scenario and I believe it be a good chance of it is a transaction. The only issue is at what price.
As my insider sources tell me, Alamos is the logical buyer. Some suggest a break up of the company and under this scenario Alamos would also be involved.
50/50 folks: buy (or hold) now and risk a highly dilutive equity raise OR get taken out for better scrip. I leaning to option #2 but I have yet made up my mind.