Majestic & DAXMajestic is trading with low volume on the DAX relative to volume this week, but is trading up at .083 Euro, so around .11 cents Hopefully there is continued momentum in Canada, but I believe we will start to see volumes trail off this week unless we get the anticipated 43-101 released or a third wave of that German newsletter (which I would love to get my hands on). It is the newsletter that is causing this push, along with anticipation of the new 43-101 and the fact that the production schedule for the mine was released on the website - see PDF link in previous post.
Yesterday, Market depth was very strong, with over 3M shares at the bid at .10 cents. Hopefully that continues, but I see a lighter day.
As for the CEO selling, he did by 14M shares prior to the AGM shareholder of record date, and I assume he bought to "vote" the shares. As the company is small, perhaps he purchased the shares on loan - who knows. All I can say is I don't like it and i would encourage each shareholder to inquire personally about it. Take 5 minutes and send an email or make a phone call, as it is unacceptable, imo. it's your money and investment and you have a right to know to protect your capital. This stock could be at .20 without his selling.
B