There's smoke.Heard about this one today from one of my brokers from Calgary. Says there is something happening with two potential dance partners. For the last week everything that turned up cheap was cleaned out quickly and since then there has been less than 25k offered and about 100k bid. All of a sudden they go from an average of 0 - 20 thou volume to 140k. I followed it today and there was never more than 20 to 30k for sale at anytime. Today they did what appears to be the largest volume day they have had (they only have a couple million free trading out there), the stock closed up .14 @ .38, an all time high.
The company says that they have nothing to report at this time except the previous annoucement about the AGM and major vote later this month. There is one rumour about them being very close with a North American manufacturer, but no details are available? Is a few more rumours out their but nobody is saying. Anyone else, anything?