A tenth of the floatAnd a lot of institutional owners makes for choppy trading.
profit taking at $5 and the announcement of a delay led into concerns about cash burn rate.
The situation HAS fundamentally changed, though. The rip that these guys can't get a mine up is now disproven. They can and they have, at just about the toughest time for doing so that I've ever seen.
And now they have money coming in.
their success is due to the quality of the projects. Their skills helped, but if these were dogs, they wouldn't have gone forward with institutionals holding so much of their float.
i'll buy yours if you drop the price a bit, buddy!