Someone is buying a large stake in the company, and if we get the volume like yesterday , we may soon see who will be the new owner
Looks like someone is picking the stock up cheap, BAM wouldnt want some one to buy the company , they would want to take ownership and then sell it at a good profit, as underground mines go 350 million is not much for a mine which will make money if it has no debt
IMy thoughts are the companies future relies on the price of the metal , the metal price has been highly volitile, and if it can gather momentum and head above 800usd , we will see the stock price going with it.
I see funtrader knocked the company when it was 12c ,now its 22c and he knocked it again last week, I think he has lost face with his articles since it has jumped nearly 90%, let see if the share price increases the same after his latest knock.
This is why Ichan and the Ceo are buying up the stock, they will not sell unless they get the price they want, which will be over 30, my thoughts only
All i can say is everyone was saying the company would need to raise money by the end of last year, the company never needed too ,which would show how much truth you can put into fun traders reports and no comments on how they are turning the company around, anyway the company is now heading in the right direction.