RE: RE: TradingThe people that are in, are dug in tight. I don't see any buyers coming in unless there are great assays. Too many red flags out there right now for a lot of investors. The silver lining in the amount of shares outstanding is that there are a few with very large holdings.
A positive aspect of the PP that we didn't really discuss was that 12 mil was raised very quickly. I've heard rumors as to who the big buyers were but it's not my place to say anything until the company does, if it ever does.
I dumped 25k shares at .50 last week (I still have plenty left) but will not get rid of any at these levels. A lot of junior commodities have taken 20-30% haircuts over the last month. There are some great deals so I wanted to get in on a few. Plus, I don't see us moving too much until August/September.
IMO
JJ