It's just warrants. We have over 8.5 million warrants at 28 cents about to expire in 2 weeks. Then another 2 million about to expire a month later. That's a hell of a lot of shares!

I spoke to DW about it and he suggested that most are in good hands, however I can't help but feel many are coming to the market.

Typically, we see TD Waterhouse as having the most trades for TDC but we've got Research Capital selling 350,000 shares today. We have Jennings selling another 100,000 shares. These guys don't handle the typical retail crowd that normally buys and sells TDC so I'm guessing it's warrents flooding the market.

It's kind of sad to have this happen now. Most of the juniors are starting to come back to life. It looks like good times for the short term. Gold's holding up and no reason to believe it won't go higher with interest rates to come down further and inflation rising. (Unless you listen to Frank B, who has had uncanny sense of picking the last 6 months to become a gold bear? Ya, that's the six months that gold shot up from $650 to $950.00... wtg frank!)

Anyways, I have a lot of respect for DW but having 10 million cheap warrants expire at what is typically the height of the juniors best time of the year was about as smart as the Leafs making McCabe the highest paid Leaf with a no trade clause to boot. And for those that aren't hockey fans, this was a collosal mistake. But again, I wonder "why are you here".