RE: Trading much too cheaplyAbout 1/2 the buys in January and February are from TD and ME. The 120,000 shares bid at .095 are also from TD.
So focused buying and since the shares trade so inexpensively it is easy to buy a lot of shares for a few $.
Why buy? Hint . Look to Augen Gold - the directors are fighting as tehy do not want to sell shares to Augen Capital at .12 to reitre debt. So why would the directors say no to eliminate debt at this time in exchange for .12 shares?
Could it be worth more. Shares were worth .70 in the Spring before the market collapse but since tehn market assays are starting to come through.
...maybe becuase there is some big gold up there on those hills.
As Augen Gold has no liquidity, buy Augen Capital to buy a piece of that on top of the regular business and other investments. Same event happened with Energy Fuels several years back. $$ for the patient.
# Orders | Board Lots | Bid | Ask | Board Lots | # Orders |
2 | 120 | 0.095 | 0.115 | 4 | 2 |
1 | 30 | 0.070 | 0.120 | 50 | 1 |
1 | 25 | 0.065 | 0.125 | 10 | 1 |
1 | 10 | 0.060 | 0.130 | 50 | 1 |
4 | 104 | 0.055 | 0.170 | 20 | 1 |
4 Feb 2009 21:07 PM ET Real-time quote TSX Venture |