RE: RE: RE: what is going on?
Tgelma - if you look at the shareholder's list, yes, it is true IVN and RioT hold large positions, but management has been accumulating options and shares for years, and have brought in a few outside strategic shareholders, notably Caisse Depot, but also the PacMag group, TD, Royce, etc.,. to the point where (when the scorecard of shareholdings seemed to be a preoccupation) they were featuring a "55.34% of shares held by top 12 shareholders" slide in the corporate presentation.
Personally I continue to hold on tight. Frustrated with lack of news and lack of promotion, while management lines their pockets with annual allotments of options and salary while delivering very little on the share price - you bet. But like I said, if you believe in the long-term value and reward to shareholders, then the current share price is an opportunity to buy more.
CG