Hey Focus-have you noticed the market for Juniors lately??LMAO
I guess management likes to buy cheap!!!!!!!!!!!!!!!!!!!!!!!! They dont want the stock up yet. Thats quite easy to tell...why would they want to close an insider round at HIGH prices when they can buy it at LOW prices? You dont need to be a genius to see that. They are accumulating as much as possible at the lowest possible prices. When/if they are ready to announce news of import, or more likely before that, the stock will levitate as there will be few sellers. They are taking advantage of the market reaction to their "perceived" buffoonery. They had ample time to complete the PFS but yet for some reason it was completed hastily to avoid the 500K penalty. Their firs excuse has been to blame the market for junior resource companies, but, they've been relying on that excuse for a few years and just in case they may decide to look outside, the market for junior resource companies is THRIVING at this moment! its hilarious. But why should they back down from their partly line......if they have a good asset, then try to buy the stock as cheap as possible. Who can blame the illustrrious management of Focus Ventures. Pray that the asset is quality-it will take care of most ills.