I don't like the freebies either. They are not risking anything with freebies. like I said before, if they would be matching (even in multiples) of shares that management or other staff and insiders purchased on the open market, that would show confidence. I'm not a happy camper but I do believe that we will move forward and get the financing, then start building a mine. At that point institutional investment will drive the price up.
Look at late january. this is when Cormark purchased ~ 1 million shares and haven't sold any since. This I beleive was institutional buying. See price history for late january below.
| Date |
Open |
High |
Low |
Close |
Volume |
Chg |
% Chg |
| 01/28/2014 |
0.50 |
0.53 |
0.49 |
0.50 |
1,473,213 |
0.00 |
0.00% |
| 01/27/2014 |
0.465 |
0.51 |
0.465 |
0.50 |
1,950,642 |
0.04 |
8.70% |
| 01/24/2014 |
0.45 |
0.465 |
0.445 |
0.46 |
2,000,134 |
0.02 |
4.55% |
| 01/23/2014 |
0.43 |
0.445 |
0.43 |
0.44 |
1,588,506 |
0.01 |
2.33% |
| 01/22/2014 |
0.405 |
0.43 |
0.40 |
0.43 |
886,712 |
0.02 |
4.88% |
