Sorry... they were placed as an iceberg ask. Seem to be gone now though. Someone scooped up half of them with 50k buy at 59 cents. Bizarre activity IMO. Ask now 60 cents.
red911
Re: wow!
posted on Apr 01, 09 12:41PM
Would almost seem this was some sort of fake-out ask. This rather large ask of 112k at 59 cents suddenly disappeared shortly after. If there is no one buying they can push this where they like because it is so tightly held and publicly available tradeable float is very small. My guess is that news is coming today or very soon.
red911
Re: wow!
posted on Apr 01, 09 12:07PM
Gold is up $6 , TSX up 150 point! Kxl down to .57 with 112,000 shares on the ask @.59!! Investors are losing faith and selling, as much as I don't like to admit it. Is it a lack of faith? or a lack of news? or perceived greener pastures elsewhere? I for one am going to contact IR to see what I can find out. Rico
