RE:Ouf...1,299,000 shares for sale at 0,05$1,299,000 is approximately 0.18% of the shares in Abcourt per today's date. So a very small proportion.
The reasons why someone chooses to sell can be so many. Everything from tax-loss selling, better investment opportunities, tired of waiting for Abcourt to make a move, etc. No use thinking about it too much. And I'm pretty sure that when Abcourt decides to move these shares will be gone in no time.
As I have touched on before, I do not expect any particular course change for the better any time soon. First, the management must deliver on the plans they have outlined in a convincing manner. We are well underway, but there is still a long way to go.
The first step now is to reach the finish line with the ongoing private placement. It should have been closed around November 26th. So we are a bit overtime. But I can't see any cause for concern yet. Such things can vary for various reasons. But we need the money to keep up the pace. And then there is test drilling on the Flordin property. I think it was scheduled for November, but I haven't registered anything yet. So maybe a bit of a delay there too.
If I were to make a prediction, I think the rate is over 10 cents by this time until next year. But again, that's assuming things go roughly as planned.
My opinion.