Brad, you make some good points, I used to say, how can TCK justify $3.00 when the price is just over a buck. you'll notice I'm a little more conservative than your $6.00, but I hope your right, and I'd be delighted to say I'm wrong.
If EE needs the price to be higher, he can do it in a heartbeat. a few market orders for lots of shares will do it and who could fault an investor, who has already bought over 200 million shares, if he wanted to buy more.
I noticed that before the last PP a bid for approx. 100 thousand shares sat at $1.10 and another, on the ask, at $1.15 forcing retail to play in the 1.11-1.14 range. could it be a coincidence, or was someone managing the price.
It would appear TCK is already starting to prep their shareholders when they just said, due to competition from large miners who are looking for projects to replace depleting mines, we may have to pay more when opportunities present themselves...( not verbaitum )
Institutions would only be interested in many millions of shares, i'm not sure I'd like to see that kind of massive dilution from a base of, fully diluted, over 400 million shares at present, but who knows, I don't have all the answers, just a lot of questions....chunky