RE: RE: RE: Get ReadyI wondered who picked up those shares at $1.60...
I have a stink bid much lower as I would not be surprised if they run MDR.v lower, and then we see a large share cross as a large investor takes a tax loss in one brokerage account and buys it back in another... Whatever you do, do not place a stop loss order on your MDR.v shares until we get Mining Permit/DIA Permit news. Otherwise you are likely to get stopped out and then find an intra-day reversal at 10%+ higher price. Bay Street tends to work that way...
Hopefully we get news as expected by first week of October, otherwise many longs will likely get nervous. It was interesting to note that Hathaway/Toqueville has a 2 Million share position in MDR (4% of issued shares). Hathaway has a good track record. We will find out one way or the other pretty soon.
Good luck to all.