Now I have heard it all, a merger withPRD? So by what theory would IFR management possibly what to push the share price down below the cash in the bank prior to a merger? Cannacord is selling cheap shares all over the place, does this mean that all those companies are preparing for a merger? AS for a PP? Why of earth would a company with $32 million in the bank want to do a PP at a price that is equal to or lower than the cash in the bank??
Either someone is being squeezed and they trade through Cannacord and Anonymous OR shareholders are being set up for a cheap buyout by someone like Husky who knows that the value of the Mackenzie valley properties is not reflected in the share price. JMHO