RNXMaybe a PP, but I wouldn't bet on it.
The 30-35,000 is including the slab, and that is the estimated final total for this first area.
Short interest was only 4-5% a week ago, no squeeze coming.
If someone was to buy it, they want more detailed assays, and will wait for this to fall to where it should be $0.30 + $0.20 for hype and recognition. No buyout coming, although since they have been trying to sell, I'm sure they'd negotiate in earnest.
This is not being "professionally" manipulated.
Do you remember when Lebron was in Miami, and in his first speech he said "not one, not two, not three.....etc"? That's a clear, proven way of hype marketing. You think they didn't know the weight of the stones right away? You think they really needed to have three releases?
Selby needed to sell, and needed to attract interest. As a CEO, and a motivated seller, he did VERY WELL. After this initial phase has been totalled, the sale will be on pure speculation. If you're holding, take solace in the fact he knows how to play a hand. If you don't own, and would like to simply be part of it buying at $0.5-$0.6 seems fair. You pay a bit of a premium, but have a shot at more gold or a buyout.
This is not a lost cause, but I wouldn't bet on a news release soon. I don't believe they actually start work again until this Monday, and they'll be going slow and steady.