Who bought Rod McEwen's 46 million shares a couple years ago? He didn't sell 'em on the open market and I sincerely believe those shares were purchased by whomever will ultimately become the owner of F2 and perhaps all of Rubicon's Red Lake properties.
Do you remember the "Bonanza Days" and all the hoopla that simply died away after McEwen sold his shares? Since then, the share price has done nothing but stagnate and I sincerely believe it's because RM's 46M shares have been strategically used to undermine whatever rise in price that may have naturally occurred. I further believe this has most likely been done with the full knowledge (and possibly the blessing) of our beloved CEO and his top lieutenants. Nothing necessarily illegal about it, just a long-term strategy for acquiring a very rich asset at the lowest possible price. JMO as always.
Sewells, there could have been several interests who bought who bought those shares, working in collusion to skirt the 10% reporting requirement and who have been selling steadily into any strength for years. Who would be the wiser?