The Bear Raid started after Sprott max'ed out his ownership.Whoever is behind the raid knew that there's only two major players who could fight a bear raid. that being, Sprott and kirkland Lake. Kirkland lake could come in at any momemnt and buy on the open market to increase their ownership to 20%. That would scare the sh*t out of any shorter. Unless they know Kirkland lake will not be doing that.
Which is why Im pretty sure that kirkland is indirectly behind the bear raid; in some way, shape, or fashion.
it's in their interest to spend $5-10 million to keep the stock down for as long as possible until they decide they want or need to buy Wallbridle. They could save 1-2 billion dollars off the purchase price of walbridge by employing this tactic.