There were an awful lot of warrants out there that were due to expire on Oct. 23rd. The average warrant holder has been patiently waiting for a rise in share price waiting for that elusive news release to give them that miraculous jump in share price so as to sell the very minimum amount of shares possible to fund the warrant purchases. Unfortunately it did not materialize for one reason or another, so there they are at the end of the week right at the deadline and a ton of shares to sell!!! Unbelieveably,Oct. 23rd is a Sunday therefore the instructions for exercising warrants would have to be in to your trading house by Oct. 20th at 11:59 Toronto time. If your selling shares to fund your purchase of warrants then you need three days for funds to settle which moves you back to Oct. 17th which is next Monday. Give yourself 1 day for safety sake and selling must be done today!!!!!!!!! So what does that tell us!!! You basically had to sell at whatever price it was at today, so put that together with a few short sellers and creative opportunists, a handful of day traders, a few people proned to panick and bingo the share price drops down. In all reality I'm quite surprise that it stayed as high as it is. I think this is a very good stock and most realise that therefore anything around or under 2 bucks is gonna get bought up. Monday may see some more selling but it should start comming back shortly after that.

Good fortune to all those that bought in today.