Yes, Eudaimonia, in comparison to the average Fancamp trading volume these days, the million and a half shares Asking at .065 could be called “massive” (as you say). But, then again, the way Fancamp trades these days is not remotely connected to the way equity markets usually function. Even in terms of Fancamp’s trading alone—without even considering the trading of any of the other Mineral Resource companies—the daily trading volume these days makes no sense.

For example, there were 62 Fancamp trading days in the three month period February-March-April of 2008 (when, a majority of the time, trading was above $2.00 a share). You can draw statistically valid conclusions from that number of consecutive trading days. In terms of money, approximately thirty million dollars changed hands during that period. And that’s not counting OTC in the USA (which was also going on).

By the way, I don’t think the people spending thirty million dollars on the $2.00 Buy-end those days had lost touch with reality. Also, remember, those people put their money on the line not to stay even but with the rational expectation to make money on the upside. The irrational thing is the corollary, which takes place these days, when far fewer dollars are spent on the Buy-end and when there are people dumping shares at $0.065 out of concern for the downside.

You call it “amazing.” No doubt, it is. Besides the amazing part, something else is going on here beyond that. For me, the key word is “disconnect” (so far as the disconnection from reality).

Look at it in terms of the meaning of numbers. You could say (as you do) the million and a half Asking shares are “massive.” However, that’s more than offset by the tiny itsy-bitsy .065 Asking price. Put the two numbers together (1,500,000 X .065) and you get $97,500. That’s more than lunch money. But it’s hardly a staggering number compared to the multiple billions of dollars of underlying value in Fancamp.

Remember, Fancamp’s Magpie resources (alone) are world-class. Just looking at our share of Magpie’s in-situ NI-43-100 verified resources (at 2 percent of the Spot Market), you get a total way up into the billions of dollars. That’s what “world-class” means. In very round numbers, how does the one hundred thousand dollars (in the Asking block) compare to the ten billion dollars (which is our share of the Magpie Spot Market Resources)? It’s one thousandth of one percent.