Some very smart buyers!400000 shares at 7 cents (pre consol) today is a no brainer!
Whatever happens to the company is completely under big brother Glencores control. They didnt let it go bankrupt when zinc was half price and they wont let it go bankrupt (or buy it out) now. They want the zinc offtake from RP 2.0 for the next 12 years and will get it.
Caribou and Perkoa can close or be sold off and that makes no difference and their only viable mine remains RP with several billion dollars of zinc left.
Will find out the future on Monday when they release positive earnings for Q1 before sugar coating the rest of the year with vague promises. RP 2.0 will be their saviour. Look away until Q4
GLTA