An EAG/IBK/Casimir Connection? Fact IBK is arranging this F/T P/P financing for EAG with most opinion today on this board as being not well received for the obvious sharebase dilution reason at this price. Also was this placement needed at this time? By some accounts we had enough near term funding in addition to Quebec's Exploration Refund money coming due.
As for Casimir, another nail in the coffin as to why they would go short last week imo and stated so last week. From 3 Jan to 5 Jan inclusive sold 397,000 at an avg price
.138 (no history on the Buy side)
Hanscazan had it right, after posting Casimir Trade data for 3rd/4th Jan, adding this comment, quote, "Does EAG need money?" Consensus 4th Jan was not so!
I look forward to the January mid-month report for confirmation.
For discussion, cheers, Mark