RE:Estevan Thanks. I don't see him as bashing the stock and like you noted, many are impatient retail investors who have a tight fuse. Some think if the stock isn't going up "something must be wrong." Many don't seem to udnerstand how illiquid tightly held stocks trade.
I think today you may have seen stocks like Pipestone, Crew & Kelt being sold to buy what is going up. For me I find the consolidation bullish for Pipestone and the scarce inventory available in book. We just need good news on delineation from here to jump significantly.
I really don't think the NCIB can be overly active considering there haven't been that many sellers. It will be slow unless we see an uptick in selling pressure. With only 35% of shares available for trade the NCIB has limits which is why I believe it's set at 5% not 10% due to minimum shares available for each trading day by law due to lower volume.