Theres not really very much selling. The stock gets hit each morning to scare off buyers then the price jumps back each night. I suspect its whoever is behind this getting stock back so they can hit again the next day.
I don't believe its about the 10 holes, theres a much much bigger game here. The deeper drilling will confirm if theres large commercial qtys of ore here. Kirkland lake have a mothballed large gold recovery plant 15kms away. Maybe theyre behind it, maybe its some other gold player. The only thing I know for sure is that these things will go like a scalded cat at some stage as we are very likely sitting on one or more likely several major gold mines. NML has a MC of $7.6M with a mill and a half in the bank. Its a tough gig hanging in there when this sort of stuff happens but I'm convinced its hugely worth it. Each to their own though. Good luck.
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