Market makers are now piling on at 6 cents.Am I surprised? No.
Remember the the news release (an excerpt):
Mr. Andr Gauthier, President & CEO of Matamec, commented, "We are pleased to retain CHF, as the firm has superior knowledge of the mining industry, as well as many decades of capital markets experience. This will be a true value-added partnership for Matamec."
Link
Nearly 3 weeks later where are the returns for the investors? The market maker have put a solid lid on the SP. Its enough to spook the market away from Matamec. It goes clearly in contradiction to their news release.
All in my opinion.