A sleeper?Somehow I just managed to check this out tonight and suddenly see the potential.
The junior pm sector is about to explode me believes and this type of activity may be just the beginning. The following is an excerpt today from King World News in an interview with John Embry:
https://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/11/8_John_Embry_-_Expect_$70_Silver_Within_Months.html
"When asked about the mining shares, Embry stated, “There is still a lot of shorting activity in these things. I follow a guy who watches the trading daily on the precious metals stocks and he points out enormous amounts of shorting.
There have only been a couple of other times when the shares have been this cheap historically. Anybody who is shorting these things with what’s coming in the gold price, they don’t have a profit maximizing motive....
“These shares will go crazy to the upside when this thing breaks away in gold and silver over the next few months."
Just checking out the NRs and the filings...and the special AGM it looks very interesting indeed. I suspect Mr. Hinse has some serious interest and they may not want to pay top dollar...so, firewall is in place. I'm wondering what he would settle for? Shareholders? BOD?....35 to 50 cents?...or an easy 20 cents? Resource is worth way more than that...but who knows...it's sure worth a lot more than 9 cents and hit a high of 25 cents this year.