RE: dundeeI agree with you blue...except Mr Yik got a salary of close to $50K in 2009 not $190K according to the info circ. I talked to him yesterday too and he said they are NOT on a shout and tout parade so that is good. Last Xmas they went to TO to drum up some interest and it seemed to have worked but they had no deal, hence the drop in share price shortly thereafter. The Rule FT puts their money in cash and decent management, look at his other investments....NKW is one, no project but lots of cash and upside if there ever is a deal, also SVL. Dundee is Rule's house so it seems he is still buying. I agree the expenses look ridiculously high for a shell, over 600K for rent, salaries and directors fees that takes 2 or 3 people to run. Based on the upticks and volume I would say there is something in the works and the fact that the Big Man Shankla has been buying too. We can only hope!!!!
GLTA