Post by
ashcake on Feb 03, 2010 1:51pm
all anonymous selling....
Why hide....my guess it`s broker warrants. The firm that excerices warrants at .60 must be kicking themsleves knowing they could have picked up all they wanted at much lower prices. I think as another other poster said... we are dead money here or lower until 43-101 is out or other material news. My guess is late March. The shares from the last financing are free trading March 1st. When last couple of holes released that will be it in terms of material news until next June when 2010 drill season underway so I can see why no buyers at this time. Really poorly managed timing & PR from that perspective.
Comment by
beerbreak1 on Feb 03, 2010 5:15pm
With support broken at .40 we could see .30 real soon..That may be the time to back up the truck...We will see if .36 holds this week