Absolutely obvious. Whatever is going on will certainly be PRed prior to the shareholder's meeting on the 22nd.How soon... whether early in the remaining weeks or at the last minute prior to the meeting remains to be seen.

And a thought: I suggest that shares are not the only thing they have of value. The piles of concentrate.... it could be sold forward... or a portion of it could.

So, the present speculation about the issuances needing to be dilutive are inaccurate. They could be done in that way (tradable shares), or in non-tradable shares, or in the currency of some legitimate asset, such as the concentrate piles. Just saying....

Now, remember this little factoid regarding all the allegedly dilutive shares that the insiders got: the fact is that the shares that have been issued to the insiders are restricted shares (all explained in the SECfilings, folks). And there are no SEC filings showing that anyone is trading in these non-salable restricteds; they are not being converted to tradable shares. They hold the potential for dilution but not in their resent form.

And remember, people, the salaries and past obligations were not paid in tradable shares. Just go back and learn the facts. They all took shares in payment in the form of restrictes and my thought at the time was simple: this is exactly the kind of move people make who have a plan in place to sell the company.

And also, longhorn bill, who rarely weighs in, concurred, and anyone long in th tooth around here knows of that guy's background and credibility as regards matters such as this.

As I pointed out at the time, the people everyone lambasts as being bad actors due to being in the family.... these folks took non-salable shares, and lots of them, for payment of backward looking obligations and forward looking obligations. As such, they are sitting pretty for selling the company (compared to them having taken money or having a debt on the books). Basic idea being that, based on the price at which they got paid in shares (backward looking and forward looking), the price appreciation attained at sellout point is much more sizable, and so forth.

What I'd want if I knew I was to sell would be a lot of restricted shares at a low price for backwards looking and forward looking payments of obligations to me. That way, I get to sell them at the price they appreciate to upon sale of the company.

So, its simply not accurate to assert that the need to raise money necessarily translates into raw, greedy, dilution, lining the pockets of insiders. Just not true. Period.

And the idea that they have only shares as a money raiser is also fatuous. The need to raise money could be done in some non-dilutive fashion using assets such as their piles of concentrate.

And also... for a terrible stock, somebody sure decided to take on a steady stream of shares at ever higher prices, didn't they? LOL

Nice accumulation by entities unknown.

I do not see it declining into the shareholder's meeting, and share issuance is not their only money raising asset, and the buying that happened this week looks like accumulation to me.

Imperial Whazoo