RE:I found the full article in Globe And Mail - published todayVery interesting article. Free PR.
Here's the interesting parts->
“Management/insiders hold a significant economic interest in Marimaca at 45 per cent,” he said. “Private equity firms Greenstone Capital, and Tembo Capital, effectively control the company, though they have been supportive for overall project advancement.
So would the tax free Caribbean company be part of the 45%?
If that’s the case then Greenstone and Tembro would hold more than 45%. Say 46%. Then the float is only 8%. 8% of 88Mil is 7Mil. If they hold more than the float is even smaller.
We do not model supplemental resources beyond the Marimaca oxides, or include the recently discovered sulphides in our mine model, and see this as upside exploration potential.”
Where are those drill results?
The cats are out of the bag now. I see that the large ordered @ $4.50 has disappeared. Cormark is going to have a very difficult time accumulating large amount of shares so I see no reason why we can't break the 52 week high today, tomorrow or next week. If we get good drill results then rocket ship time but this all just a wild guess.