RE: Private Placement. and Share PriceYou did well to get in at these prices and right before the release of the 43-101 on Monte Cristo.
The delay in this report is causing damage to the longterm holders as the company has been forced to do private placements below value and the stock has been subject to daily manipulation as the larger shareholders try to pick up even more cheap shares by shaking out current investors.
Once the 43-101 is released, we may need to work through the overhang of selling these cheap shares before the stock price can increase to what should be its true value in this market given the estimated resources I expect them to document.