If you think this stock is being manipulated, then you may have to pay attention to the trading activities performed by "Anonymous", then "National Bank".
I admit that trading could be performed by more than one brokers (not retail investors) who wanted their institution names not to be revealed to the public. Net shares being sold in four month period was excessive and deemed to be enough to bring sp down substantially. Hole 49 visuals was not a trivial discovery (could be Columbus discovery), at least it should have supported sp $.70+. Personally I have no idea of the motives behind to suppress sp and kill the momentum. One more thing, although visual mineralization was reported on June 29th in the general NR combined with other updates, probably visiduals was kept confidential within NOT for a while, which means the assay results will be received from the lab earlier than anticipated date. I wonder how these guys will be playing 1-2 weeks prior to the press release that will detail Hole 49 assay results.
| 03/05/09 - 04/05/09 |
379,500 |
897,000 |
|
| 04/06/09 - 05/06/09 |
1,923,000 |
4,054,000 |
|
| 05/07/09 - 06/07/09 |
4,392,000 |
12,233,000 |
|
| 06/08/09 - 07/08/09 |
2,586,000 |
6,045,000 |
|
| Total |
9,280,500 |
23,229,000 |
|
|
|
|
|
|
Net Shares Sold by Anonymous from
03/05/09 to 07/08/09
|
13,948,500 |
