RE: My View on Erin VenturesHi RUSmart.
I believe the company wants the price to go up. They also need to raise cash to keep operations going until they produce something. I believe they would rather do PP's at a much higher price, but I do not think they control the price. We can debate the timing of the PP, but in the end, we do not know their cash requirements. I have to trust that Tim is doing what he needs to in order to maximizing shareholder value. I don't care who gets a 10% finders fee. Without all of the PP's, EV would have been bankrupt years ago.
I agree some games are being played with the share price. I have witnessed some strange trading patterns as well as strange bids/asks. I believe that it is an accumulation phase. In the end, the only way anyone makes money is for the price to go up. I believe that this is the final opportunity to take advantage of the low share price and get in on the accumulation. Once the accumulation is complete, I think this will run and never return to these levels.
"Overall, I am positive that shareholders will make huge gain in near future." Agreed.