Let me barge in in Incube's territory
I mean, conspiracy theories. Why would anybody create such a sell-off just before Q3 and a new PEA NR's. In August 3 things happened. Postponement of PFS, change in the mine plan at Bisha, $70M write off. That's a huge reason for the stock to go down. Why at the end of October just before those positive reports somebody would unload around 8M shares bringing the sp to its lowest level. If not for that attack the sp would hover around $2.90. After the news it would've moved at the same rate percentagewise. It would go to $3.40CAD level. Look at the chart. It says a lot. Somebody wanted to cap the jump on the news. My point is, the suitor might be closer, than we think. Again, just my observations. I'm in this one for more then 10 years. I've seen it at $0.90 and $6+. Can somebody explain that sell-off ? Why? Somebody said , no leaks. Well, my view is there was a leak. Bring the stock down on a massive volume, pick up whatever falls in hands on the way. $0.50 loss on the sale doesn't compare to $0.50 in buying the stock. You sacrifice something but $0.50 in buy out equates to $150M . My view only. I don't see any reasonable explanation of the pre-NR sell-off