RE: That;s twice this has happened I agree. The volume it took to bring it down to the 3.00 range was again around 100,000 shares. And agian, it flushed out a couple million shares that got sold cheap today. You have to on one hand admire the balls it takes to execute this kind of risky manipulation while on the other hand despising the use of such scare tactics to flush out shares.
This wasn't panic based on the stuck drill bit (imho) - makes no sense since that's a dead issue and the new bit's turning. Unless there are some very foolish folks out there that panic for no reason and dumped probably close to 3 million shares when you combine both the US and Canada.