RE: RE: Can't believe...I can't feel too bad for the investors who bought in @ 0.14 along with warrants. Some of them got even better deals including not having to hold for a mandatory 4 month period. A number of investors including Anonymous, Fraser Mackenzie (large cross) have appeared to be taking profits of 70-40% on their investments over the last couple weeks in the lull of news releases and probably still hold the warrants as well since the subscription receipts without the warrant are in escrow until shareholder approval.
It is good to see a better base of additional institutional companies like Sprott making relatively large investments / committments for the longer term upside. It appears in the meantime the Anonymous investor and others are putting up blind asks and filling bids while keeping the ask price the same at around the $0.21 level to get a 50% investment profit. Probably one of the reasons for lower volumes and lower SP action to get the volumes back up.
I understand that the government has been trying to get a number of military projects (3) approved all at once which takes a little more time to get everybody on board. There was a recent contract the other day involving IED avoidance technology, so the IED vechicle armour protection part can't be too far behind.
Also I read that some recent contract awards took some heat from Canadian companies and they are trying to ensure that Canadian content is being considered especially with recent political hotpoint topic of "Buy America" clauses etc.
As Will says...patience and we all will be rewarded.