Hi Jev...from what I can tell there have been about 175 trades so far...on current volume of about 1.6 mm shares traded. We have not seen this kind of volume in some time...probably a lot of flipping going on.
I have seen nothing definitive to make me think the prospects are any better than they were last week, when the company was trading in the .09-.10 range. One could speculate, however, that (1) the company finally has some trench results worth reporting, (2) it has a worthy, credible JV partner, (3) something good has happened with its diamond properties, or (4) a combination of the above. whatever it is, it does appear that this sleepy, non-event stock has suddenly become quite interesting for somebody.
FWIW, I am still in this stock, I have many thousands of shares, which isn't saying much I know given the price, but I point this out just to let people know where my financial interests lie.
Regards, Otter |
