RE:RE:RE:RE:RE:RE:RE:Nickel priceMore than a million = millions. Facts matter... via Kaiser. Looks like multiple groups lost interest the last year as their cash levels dwindle. "The problem has been a persistent seller through RBC since September which has spooked the market and made life miserable for CEO Martin Turenne. This episode discusses a possible explanation which is that a major buyer in the April 2021 bought deal that loaded FPX Nickel's treasury has lost interest in two stages. A Salt Lake City based mutual fund group had two generalist micro cap funds participate, and one of them became a heavy seller through Coremark in December 2021 that ended with a block trade in early January 2022. That this fund had liquidated was confirmed by quarterly mutual fund filings that reveal end of period holdings. As of June 30 the other fund showed as still holding 1.68 million shares. However, RBC became a net seller in September for a client which did not make contact with FPX but has been selling the stock in batches on the bid without much concern about what that might be doing to market perceptions. On Friday October 21 this selling stepped up into a blowout of 767,000 shares that took the stock to a two year low at $0.345. RBC sold another 127,000 shares on Monday, but has since been absent as a net seller and FPX Nickel's price has started to recover. The trouble is that FPX Nickel does not know it was the Wasatch group fund selling, and won't know until Q1 of 2023 when the year end filings are available. The concern remains that there is some other large shareholder who is liquidating without signaling to management that it needs to get rid of a large position. That makes the market worry that somebody knows something is wrong with the Decar story and is trying to lose a position without revealing their identity so that it can be done quickly. It wasn't helpful that director Jim Gilbert dumped a couple hundred thousand shares in September, though there probably is some reason unrelated to company fundamentals for the sales such as realizing that those cheap options exercised earlier in the year have deemed income tax consequences regardless what the stock is eventually sold at. "