RE: Same PatternThe spike with the significant NR's regarding the MOU's was the push needed to get the share price moving upwards. It is just unfortunate that there wasn't more good news following it in the months to follow and the rest is as they say,history.
I really hope that Raymond has learned his lesson there, if it was his intention to increase shareholder value. When the loan(s) are announced, he really needs to open the floodgates with good NR's coming steadily. It's hyping the stock that will begin to draw the attention of the market, and a broader pool of investors.
Raymond can speculate all he wants on the stock price, but the reality is that how the market reacts and prices MPE is beyond his control. He can play his cards right and get the news flowing in a timely fashion and improve the share price, but saying it will hit .50 on news of the loan is nothing but speculation.
Investors on the TSX-V have a short attention span, and some of the long termers are just fed up. We need a few big volume days, in the millions, to break through the wall and gobble up all the potential asks, as sellers will retreat. Anything less and we're just idling and biding our time.