"Why so cheap. Last flow throughs were FOR MONEY. 25 million @ 2.80.

15 million @ 1.83 equates to 5% control. If the shares were offered for more money then less control."

Very good point. Now why the need for large insto control? Two reasons, either they want to sell it out from under us, or they don't want it taken from them and have been stoking the friendly's coffers to make sure that doesn't happen. I'd say the latter. You need to be able to control the most vital co. in the ROF is you want to take it to completion, or to the point where someone will offer you value for your stake. Voisey's was under control, FWR wasn't, NOT may not have been and certainly wasn't for the R.N fiasco. So did they learn?.... and are we seeing the signs of that lesson? We wait to see.