There were 25 orderrs for the 2.23 million shares @ .055 early this morning.
If you want any SD you have to pay .06 cents.
I believe that the company is selling shares at the .06 level to generate some cash to pay for some of the people involved doing the work in Tanzania. This is normal in the industry.
We realize that they need funds to operate in Tanzania.
News could come out any day---we never know and you do not want to be chasing the stock for a possible gap up when the approval is finally released.
It is a no brainer @ .06 cents and I do believe that we have the potential to have another hugh tonnage open pit deposit, then go underground.
Picked up 100,000 @ .06 today myself and now hold a good position.
If you went to some cash recently--there are some great buys out there and could be even better buys if the markets continue to drop.
Come on exchange....where's the news on approvals....we are all waiting with baited breath...
mintaka