Volume and SPWhat we are experiencing today is a repeat of the share action the past couple of weeks. BMO is the big buyer today on good volume for this stock.The SP seems to be stuck in this range of .35 to.39 cents.
IMO, a few investors either have confidence of near term announcements or are otherwise privy to some details that the average investor is not. Regardless, it bodes well for HUD's future. This stock is so tightly held and not well promoted that positive news will see it react northward fairly rapidly. I feel that the last NR has taken a lot of the risk of the table in so far as mine construction is concerned and I am much more comfortable with continuing to hold my investments in this company whereas ,prior to the last release, I was seriously considering selling.
I also feel that the initial agreement with Owens Corning to supply 200,000 tons of our product is a good start and should give us a bit of cash flow from the expected Gross sales of between 30 & 40 million. However , our big potential will be with additional off-takes from the coating and filler producers first and followed by agreements with the speciality alumina companies for the big bucks.
If the EIB bureauracts would give us early approval then we are off and running and should have an exciting and rewarding future,\.
GLTA