Banter and General Comments, page-4010

There seems to be no urgency on the part of the shorters to exit their positions.  This makes me think the share price is being held down for a reason.  For argument's sake, let's assume the 60 million shorts have been borrowed and sold at an average price of $3.  That's $180 million.  With a market cap that is now less than a billion (for a producing mine, two potential mines, and substantially backed by cash in the bank) that $180m spend has succeeded in substantially reducing the value of the company.  It would be money well spent if the objective is to reduce the share price to facilitate a take-over. And if that is the objective, there is no imperative for the shorts to exit.