Markup Phase began today..Pwm traded 550,000 shares on the Canadian exchanges and 300,000 on the American exchanges. Apart from the volume there were numerous new houses with 50k orders and a few new houses looking for 100k. One must remember that PWM issued alot of shares in leiu of cash for its optioned properties so I expect that much of the constant selling is indeed these entities monetizing their positions. On a day where the SPX lost 100 handles the accumulation of PWM shares intensified which is an awesome signal. I suspect that if this buying continues through tommorow we will see some news next week. GLTA