RE:Trading Volume up today?
From the TKO board: YMI OK, so the boys at the TSE listing office extended YMI for another month. Does anyone think that these people had nothing better to do and just decided out of the blue to extend YMI. Of course not, there's something in the wind to cause this action, and the TSE crew believe that it has substance and can be accomplished in 30 days. I think it's a Matco / Taseko deal as usual What got me onto it is I inquired to various representatives the implications of being delisted and to be relisted. This is my interpretation of what I was told. To be listed in the first place, a company can't be a penny stock, but if a listed company is a substantial company and hits hard times, then some latitude is given for recovery. So for the lack of $350,000 of work on the site [which they have to do anyway] YMI could not consider being delisted because they may have a big problem being relisted at .045 cents. not going to happen. So the notice of Feb 10/17 made little sense So a deal is probably in the works, to be announced perhaps with the QTR4/16 results. Something similar to past funding. Cash / for shares. The big question is does the new comex price and the potential Taseko cash into YMI, will these two events be enough to bring the YellowHead out of Care & Maintainance and into the mine developement process. If so, a .05 cent SP will likely be a three bagger in the first week after announcement Hope I've got this fiqured right, bought lots of shares, Oh Boy!! And Luck to All Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.tko&postid=25831835#uJetudL1FBoWk6YZ.99