RE: Some CommentsMilitaryman:
This is too complicated for me to understand; remember I'm a Newbie....
So a Hedge Fund likes Stans, and know it needs to do a PP. So, in order to get a good deal, they shorted the stock and it goes way down, and the PP is done at a very low price. The Hedge Fund particpates in the PP. Now, they own lots of shares @ $1.85 + warrants.
My simplistic mind cannot understand why they would continue to short after the PP is done, counter-productive at this point...no? If they continue to do so because they can make lots more money, then why particpate in the PP anyways, they can make more money by continuously shorting, and then covering at a very low price.
I think the problem with Stans is poor IR. The reason there are so much short interest is because there's confusion in the investor marketplace. Due to inadequate updates, PR, and confusing production timeline, Kutessay/ Kalessay, delayed JORC reports,....etc; the investors are losing confidence...therefore giving the shorts opportunity to manipulate the SP. Lots of selling, no buying..the SP goes down.
In order for the SP to go up, confidence must be restored in the company; if not, it will continue to go down UNTIL production becomes a reality...or until positive concrete news , not just talk. For example, how about a picture showing workers busily refurbishing the KCMP plant, or drill rigs doing drilling to establish extension of the mineralization estimate...I can bet you if this to public whether during an interview or a general update on the company's progress, it'll re-establish some confidence; don't forget, the mine is in Krgyzstan, no one has any idea what's going on.