Laurion Mineral Exploration Inc. V.LME

High Volume, No Movement

[GoGosCousin]

Long time lurker, first time poster.

I wouldn't call myself an investor to any degree but I'm curious about the volume over the past few days, and the lack of share price movement.

Can someone more knowledgeable weigh in on this? 

From what I can see on yahoo charts, no shares have been sold since Wednesday (13th) and the daily volume is increasing, yet the share price has been stagnant at $0.40? In the previous months any small buy has sent the stock price up by at least a cent or two, but now nothing?

Roughly 220,000 shares have been bought in the last week with little to no movement on the SP...
What gives?

[Thebluestroy]

not saying this is whats happening, but its fairly easy to manipulate the price from day to day with no news. If people want to keep the price stagnant its pretty easy. With an average of ~50k shares moving a day someone smacks down a wall for 20 grand. Could also be people moving shares between accounts etc. buying and selling for the same amount. Could be people just done waiting around and

[Soldsign]

I think it is because they don't want it to spike before BO announced because they don't want impatient F&F dumping.

[Toddsquad]

....is this also the motivation for Mr. Burmi selling shares at a slow drip?  

[Toddsquad]

...curious what Soldsign thinks, ~4 weeks later

[fatlas]

Insider trading is a crime.  Market manipulation is a crime.  Insiders not filing reports for their trades is a crime.  Anyone who thinks LME execs are doing things in the market to impact the price are accusing them of at least one of these crimes.anyone with evidence of a crime like this should report it to CIRO Market Surveillance, the OSC or even the RCMP.  That won

[Soldsign]

Soldsign feels more confident then I did 4 weeks ago. Nice to see the current SP staying in a safe place. After all the SP is "moot", unless someone is in need of cash, just like Michael Burmi! The end game is BO, its why we are all here. Cheers!

[KaBams]

The stock price staying low is not a moot point. It cost all of us money. Ex when money needs to be raised it cost us all in stock dilution. Allowing someone to buy the stock  at  much lower price than it known worth would  be problematic. There is nothing wrong with the reasoning the stock price is at where it is at because that is what the market believes it is worth.