RE: OlympicsPJGUS...how the hell did you hear about a small company like UZZ from Sweden?? Canadians don't even know about it.
I highly doubt that Sig is selling off his holdings. If anything he would be buying more at 6 cents. Management can privatize this company for under 5 million, with a premium, at these prices.
I believe that it is just fed up shareholders who have decided to take a loss and cash out. Unfortunatley, with the lack of liquidity and exposure, it does not take much selling to have a negative effect on the SP. Simple, we need more buyers, liquidity, exposure, NR's.
Time will tell.
Shep