RE:RE:RE:RE:RE:RE:RE:Pumping is over dumping continousWell, first of all, that was your first try to write full sentences with some kind of substance.
regarding 1)
That should be no problem for GRIL/ GRIT they have other companies in their trust which gained much more than SMI in the last few weeks and they adjusted the deal. Do your own DD. They could swap less shares for 1,2 mio cash as they announced to do with others.
regarind 2)
Makes sence regarding the flow-through units, CANs have a tax advantage, but that deals between Mr X and Y are already done since 3 mio shares went over the counter on 24th of January on XETRA. Probably some people already knew more before the 23rd, becvause there have been also spikes in volume.
Count together what was traded in the last days and weeks, ONLY on days with high volume and you will become well aware of that it was much more than 5 mio and even more than 10 mio - if this swapping thing also counts for the private placement - on the TSX as well as stock exchanges in Germany (XETRA; Frankfurt etc.) even if you subtract a decent amount for "normal trading".
Anyway it makes hardly any sence to believe that only people who are shareholders of SMI already take part at the flow-through placement as well as the private placement.
Dumping started that's it and while I am typing the sellside builds up again on XETRA in Frankfurt and we are back again below 10 Cents in Frankfurt and I guess it will be not much better this evening on the TSX.
And as I said and bet, GRIT got not listed in London today as you stated it will the other day.
Why I am not surprised about that?