RE:Red lake up..btu on bottom Exactly, this has all become so predictable. RGLD now at 0.185, up 0.015 on the day, and well, we know where BTU is. So, as I keep telling everyone here. Take advantage of this. Ryan has 5 million shares of BTU. When he sells, and he'll keep doing so at his convenience, at least some of the funds get allocated to RGLD. Because the float is so low (25,000,000) with him holding about 27%, it takes little to move it.
I know for a fact he wants to get the sp considerably higher so a financing is less dilutive...doesn't want to dilute his holdings (and of course his loyal shareholders). Then exploration gets announced and it takes off further...