I missed the 'word on the street' post. I thought it must have been positive, but now im understanding it was negative.
I agree that volume dumping of insiders would likely occur if the deal was dead.
Obviously they have missed a deadline and it causes jitters. An update is overdue. At a minimum 'guess' a new timeframe for the deal.
In reality, any percentage of Trinidad will save the company. Even a lowly 20%. Creates cash flow. Growth. Other opportunities, etc. THat then makes it possible to raise funds for Fury and Uranium.
We dont need 90%. Certainly my preference is 50% plus.
Coming out of the suspension was a dumb move when trying to raise at a premium IMO. But pressure was on them.
MHL Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held