From Stockwatch articleFeb. 9, 2021 -- Victor Cantore'sVision Lithium Inc.(VLI) has been silent for the past month but its stock nevertheless surged 27.5 cents higher, ending the day at 34 cents on a whopping 69.8 million shares, getting to 39.5 cents at one point. Curiously, the regulators who so frequently ask the heads of rapidly moving stocks to explain what was up, but they appear to have given up that rather fruitless exercise. As the dance goes, the regulators ask if there is any undisclosed information that would explain the price move, and the CEO replies, no, there is no undisclosed material information that would explain the situation. (Meanwhile, the CEOs are probably busy watching the various investment chat sites, from Reddit on down, with great glee.) Speaking of glee, some of Vision's new shareholders are undoubtedly pleased. A month ago, Mr. Cantore and his crew sold 400,000 flow-through shares at five cents and 79.4 million regular shares at two cents, raising $1.6-million of the $2.5-million they had been seeking. The buyers have done well. Mr. Cantore, for instance, shelled out barely $100,000 for 5.25 million regular shares. They were worth $2.07-million at one point today. (Pity that there is a four-month hold period.) The cash raised was for working capital and exploration on "certain of its properties," although it is anything but certain which of several lithium prospects will get the cash. The company's most recent acquisitions are the Red Brook, Epithermal and Benjamin prospects in Northern New Brunswick. --
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