No buyer base
I have noticed during this run up in price that the buyers appear to be a controlled or select group. Does anyone else reach that conclusion? There is no large base of bids waiting to buy on a continuous basis anywhere near the current price that I can assertain. Not saying there is anything illegal going on, but I noticed this morning that there was nothing above a 45 cent bid or maybe even a lot lower, except for a bid and ask that appeared to be in tandem at 46 cents and then a couple other prices before both finally settling at 72 cents. Is one hand feeding the other what has been going on the last couple of months? I also noticed that $240,000 private sale from an insider at 60 cents back in December consisting of 400,000 shares that another posted had mentioned.
Regarding Lone Pine, I tried to get information from the new company about Lone Pine by both email and phone but could not get a return call or email under the new management last year.
Why not tag it as a property on their website that they intend to make payments on at least, where they may possibly pursue it in the future given the funding or market conditions? After taking over Bard, the first question on any current investor’s mind would naturally be about the future of Lone Pine, one would think? But the new management doesn't even mention it. Why would that be?
If Lone Pine is not going to be pursued but just acquire new projects instead, then why not just start up a brand new exploration company instead of taking over Bard? And if it may be pursued later then why the omission?