Big jump of 40% .... Take-over battle or short coverage ??Few shares of RPR for sale only ... yet the price already exploded by 40% without any news. Looks like a LOT of shorts to be covered before the AGM on 31st of March. Uncertain situation will fuel to cover the positions. Plus a potential take-over battle just started ??
Paired with the fundamentals of 2 rejected bought deals of Rapier management last year between .20 and .30 cents .... this could be the perfect storm to climb !!
Guess ... it will go higher from here. There is an unfolding story of an other junior miner's set being constructed by a hedge fund with a higher shareholder value, as result. Rapier could be a copy of it.
No one there ? Any thoughts on it ??