I sold half this at a double. This is always my policy. Sadly I sold the remainder at .61. I fell in love with the story (always a mistake). I kick myself for not selling when Chornobay left. That signal was nearly as obvious as the BRE-X guy falling out of the helicopter.
That does not mean I hate this stock like a bride left at the Alter. I do not see how this Company can go much lower.
I am not an insider, as I know theories are sadly rampant on this website.
I used to attend (as a very young man) VSE trading days and watch chalkboard runners on Howe Street. These were the times in the early 70's. Dodgy promoters were rampant.
I will name one company-Lincoln Resourses-LNN on the VSE.
I did computer work for the LNN promoter. He now owns Luxury property in Costa Rica.
LNN went from .45 in 1975 to $20.00 in 1977 if memory serves.
I would suggest using Google to search for Bo Mortil.