In My Opinion more warrants expiring soon noticing the short postion has also drop down to nothing. The last closing date next week for this trance should again see the share volume float decrease as warrants continually expire.
IMO, the flippers like to borrow their warrant and short , called hidden shorts and flip back and forth their own book like we have seen here over the years seeing the same trading houses action.
The share float has been going long which leaves less shares for the open market. The share float sits aroung 200,000k excluding the warrant and options which have not been exercised. The longs have added thinking the acctual trading volume is likly under 30m which soon will go into long hands..
PS, Aussie news on Easter Sunday night while Canucks have time to digest the closed Easter Monday markets could see a nice surprize Tues morning..
Let The Drills Be Our Friends
Warrants issued in this tranche of the Offering are exercisable at $0.12 to purchase one common share of the Company until April 8, 2024.