RE:KaltIf he sold over 500,000 shares today...Guess what! Somebody bought them! We know who sold but I'd love to know who bought them. Look at it it this way, it appears he is the only one selling for the most part. He may need money for his RGLD as he keeps piling that up, I figure he needs to aquire as much as possible then drive it up to sell it or do a financing much higher. Say 10 million shares with 10 million warrants at .50 cents, maybe 10 or so million in the coffers and only 50 million shares outstanding. He could drill the heck out of his property which looks great. Or he could sell for .50 cents a share and make huge.
As for Btu I look at it this way. I f the drill results were bad why would Kalt be the only one selling? Even better why is anyone buying right now? Doesnt it make sense to sit back and wait for a result or 2 before buying up Kalts shares? I think the results if known are decent or even better, as this would explain the buying of these shares.
There is a relationship of sorts between Mike E and Kalt for sure. Maybe they are scratching each others backs here.
Just saying I smell something and I hope its not shi......