At the end of the day, if the BFS is delayed or if results somehow (how?) come back terrible I can only kick myself as you could look at it in the sense that the "writing was on the wall".
Writing was on the wall with the Insiders constant buying, with EE financing, with CUU buying land all around Schaft Creek, with Teck buying land, with Elmer being transfered to the Liard board, with the port being reserved, with Arizona purchase, with PP closing at 2.5 million, with drilling early termination this season,with Schaft CReek on Teck presentation, with QBII being held back, etc.
That's the real writing. The MM's know it. So they paint the close with 1500 shares to 99 cents with 1/2 a second left.
| 15:59:30 |
V |
0.99 |
-0.06 |
1,100 |
89 Raymond James |
1 Anonymous |
K |
| 15:59:30 |
V |
0.99 |
-0.06 |
200 |
89 Raymond James |
1 Anonymous |
K |
| 15:59:30 |
V |
0.99 |
-0.06 |
200 |
89 Raymond James |
1 Anonymous |
K |
| 15:59:19 |
V |
1.00 |
-0.05 |
27 |
7 TD Sec |
46 Macquarie |
E |
*
The volume is chump change and this is their way of grabbing some shares at the open. Selling 1500 shares at 99 cents 30 milliseconds before the close the day before the US thanksgiving, hoping to get a few people worried tonight and have them sell at the open.
The regulars here all know the the sp has bounced off this price 10 times already.
Once the Feasibility comes (and my guess is next week) all people will need to do is wait max 120 days for a back in or buyout, easiest money ever as they tuck another 5k away from goverment hands Jan 1st 2013.
