Someone put a little wall up at .06From what I have seen in the past. When someone puts up what would be considered a large amount of shares for sale compared to recent daily trading volume.. they don't really want to sell them.
Often when a large amount of shares are shown on the tsx, it is not so they can actually sell them. It is often because they want to buy shares. And with that many for sale, anyone who needs to sell has to sell at a lower price. And the person selling the shares will buy at the lower price.
The shares put up for sale.... they would have a much better chance of getting that price if they didn't put up such a block.
So, I think the block of shares put up is to help someone to buy at a lower price.
Or... NFG stated they would be making a decision on a toll mining agreement with MAE in the 2nd quarter.
Maybe someone on the inside knows what the decision would be.
There is something fishy going on here with that block being put up.
JMHO