RE:incredible volumeI, too, am dismayed by the action today, however, there has been selling by "Anonymous" over the last month and a half of over 3 million shares with buying of just over 1 million. No other large sellers - banks TD,CIBC,RBC,and BMO selling and buying. M Partners net buy 420,000 and UBS 120,000.
Today Anonymous sold 1.88 mil shares avg .08 and bought 260,000 avg .085. Pershing net buy of 205,000 at .08 and Woodstone 70,000 .085. Not huge dollar amounts at this low price but I like to
see net buying by brokerages that don't do too much daytrading. So there is a big seller or so and there could be many reasons why. Perhaps the end of selling is near.
I have been following resource stocks for 8 years. A few that I had that got bought out were driven down mercilessly before the buyout and in some I sold before the buyout. I look at where Temex is drilling, their drill grades and depth, what mines are near them, etc. I think of the ones I had before that got bought out and this one is similar so I will hang on.
I hope this adds some useful info.