Post by
SergeBrunet on Apr 01, 2010 10:45am
How to upset the price floor.
Let's not forget that this company actually has only about 240 M shares available for trading, minus what the large funds are holding. It would not take much to move up the price with this restricted float. If Sprott and other funds are serious about their willingness to sell above 1.50, they now have the opportunity they have been waiting for with the positive news to step up to the plate and actualize this future NOW and move up the trading price floor towards their goal by removing shares from the weak hands. Just a threat or timely release stating that they intend to acquire shares should ignite the fire... Psychology will do the rest. An update by OLMA would help too.
SB