RE:RE:Mill ran over capacity @ 500 tpd during December
"... would that not imply that the production test was successfully completed by 12/31 ?"
touareg:
The production test requires 400 tpd average for 30 days; 12,000 tons. The whole 4Q production (milling) is only 7,172 tons according to the news release.
...
About the share price today, maybe the huge volume today implies news is coming regarding Wheaton agreement which would remove a temporary cloud over share price due to uncertainty, or a buyout offer in the works, or a brief bump due to the bought deal, 2.70 (~2.33 net of tax advantage for flowthrough financing). The agreement has been renegotiated several times over the last 7 or 8 years so this is not an especially unusual occurance.
News should be forthcoming, even if it's the 'we know of no reason' for the unusual share action.
Big dump under 2 dollars at the open (odd?), now down to 2.26 at this writing after hitting 2.32, volume has levelled off for a while.