I highly doubt it has anything to do with ETG, just a small operation at Investor Village having some issues. There has been a great community of ETG shareholders there for years, we moved away from primary posting here on SH because of the numbers of trolls on this BB many, many years ago. Much better now.
ETG continuing to revalue UP, but volumes suggest the pressure is coming from a small number of buyers trying to establish a material position, and willing to pay. If they fill their order, maybe we'll leave a high water water mark and retrace a little, but what a run we are having as long at it lasts.
i have zero intent to sell so long as copper outlook continues to improve, the expansion and restatement of resources at Lift 2 will (IMHO) only improve our valuation, and of course we all know the reasons why almost all of us believe the chances are high that Rio Tinto is under pressure to buyout ETG at a substantial premium to market.
Just saw $2.28 CDN price alert. UP she goes. GLTA.
cg