RE: suprised were closing down here..We didn't close down, we closed up from yesterday. We did close down from the new 52 week high. Anonymous was selling big time all day long.
I love the volume and my educate guess is that some of the 2 or 3 million warrants due in April are finally getting flushed out. If they aren't then we are going to be in big dodo. My theory is base on the fact that the price didn’t increase that much with this kind of volume,somebody keep dumping large blocks of shares all day long. Hopefully it’s those warrants.
This is another wild guess but I would say we need one or two more millions plus days and those warrants are history and then hold on. Just a wild guess.
It's funny that nobody is talking about the up coming drilling program. I love it right in MAR back yard. Here's how my dream plays out tonight. This is what you call a perfect dream. They start drilling and hit major pay dirt and the high grade resources run away from the MAR property. The stock takes off to the moon and BTC buys out MAR since they need some property to pileup the waste from the mine tailings. That's what you call a perfect dream.
Does anybody know how much it is going to cost to drill the 10Km?
With the money on hand and the new warrant money coming in (crossing my finger warrants are getting exercised) they must have few million in the bank so I was just wondering if they need more money or not to do the whole shabang.
PS Downie sold 10K @ 50 cents on Feb. 8. He should have waited, he could have got more. He probably sold a few shares today. I'll keep an eye out on the insider filings.
MM