Pump and dump It becomes clearer to me over time that this whole thing was a pump and dump. Insiders had plenty of opportunity to buy shares over the last 6 months or so. Its shameful hiding behind the black out period. Each quarter they have at least 30+ consecutive days for which to buy stock. Let me ask you this - why didn't the black out period prevent them from selling back when the stock was $3-$4. How convenient the black out period only prevents them from buying and not selling. Wake up!!!
Looks like noone got voted out despite all the talk and anger on this board. Bend over everyone, more is coming. When the execs can't get it in equity that take it in regular comp.
2 yrs in and we are talking about resetting the mine - give me a fcken break. We should have sold 3 million tonnes to date based upon the pump and dump plans.
At w.r.t Cleaves, my cat could have figured out it was time to cut costs - hmmm no sales and running out of cash - what to do? The reality is the financing plan of this company was short 100 plus Million.
Pasta