Bevter. I can guess who those fleas are. But, lots of selling @ .006 and .0065, even some @ .007. I wouldn't be surprised if much of that will now go towards the PO and earn a 1:4 free option. We now have a pretty good idea what triggered of the jump to .006 which, "might" trigger off some new buying, but, IMO, must now wait to see how that PO goes.
It's now all about how they can fund their plans. Should know by 16 Feb, then we can have some real numbers to play with and discuss logically.
What this new management thinking can't be condemned straight out IF they have, and announce, a way to pay for it. "Theoretically" it is a great "plan", but, can they take advantage of what appears to be a very prospective asset? The Gustavson Report, can be a bankable instrument that could attract the significant funds that will definitely be required. Management just might have that in mind and set the company on the road to reaching those very high goals. IMO current income and potentially more CRs won't keep anyone happy. Soon have both issues available for discussion.
AKK Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held