Re: You have to love this quote
in response to
by
posted on
Nov 16, 2011 12:59AM
Edit this title from the Fast Facts Section
I think you misheard. They would kill themselves if they had the properties TNX has. Just curious, why do you think none of the thirty plus companies involved in the Buckreef bidding process offered more than $3 million? How do you think a company with $30 million in cash is going to develope a $280 million project? If STAMICO or Tanzania was going to put up all the money they would have kept the project for themselves.
Now that the short side has covered, there is no one left to buy and support the stock. Stock gets crushed on no volume whenever someone steps in to sell.