Ax stepped in trying to do damage control, but selling was overwhelming. Seems to have slowed for now, but lots of trading day left. Lower BB appears to be holding, for now. Volume just over 3M on OTC, and just under 3M on TSX.
Spec players and exhausted longs exiting, tiring of the wait and thinking that time has run out to do the PP. New spec blood entering. Typical penny stuff, with lots of spec players strumming this like a banjo.
Still thinking time for PP to close. With subsequent short-lived pop. Terms will likely not be the best, but the common has never felt any love here. Play was the PP - will be as close to a sure thing as possible for this play.