Tighty held
You are perfectly right. The Red Mountain project is as interesting as any other project but the president controls about 60% of the shares or about 16MM of 26MM O/S, the actual shareholders are neither buyers nor sellers and it is difficult to attract new buyers with so small volume traded everyday. No institutional follow up. I remember however that this stock went from 0.50 to 7.00 in 1994 I think with pretty good volume. Don't forget too that this stock was at 0.18 last December and went to 0.75 not long ago with no news except for the release of the annual report on sedar at the end of April. So I would not be surprised to see it at much higher price with little volume and at that time to see that some very interesting projects are under way. If just one institution was interested by some private placement in Tintina, it would be a 2 or 3 dollar stock in my opinion.
JH