Re: Zero volume yesterday - strong hands
posted on
Nov 08, 2012 09:41AM
Indeed, Chauncey. That's exactly what happened over the last 6 months. We have seen some early investors (PP brokers) exiting (taking decent profits). Tim and management have been able to get new investors on board between 0.145 (PP) and 0.26 (open market buying). People should try to get some info on Ernesto Echevarria for example, one of our new "private investors". And the Swiss / Mexican investor group jumped in big time as well. And I tell you, these guys have done serious DD and they are certainly not just looking for a quick double on their investment. Most of the stock is tied up in strong hands now, hence few shares on the ask. If we get really good news, either from Catanava production or Cariboo, XBR will fly. This is a long term hold for me, especially because of the proposed dividend. FANTOMAS