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Message: Trading today

Hey Galois!

Yeah I did in fact watch trading at the end. I didn't know Merrill bought it though...I don't have the trading platform that lets me see the buyers and sellers. Let's face it, retail investors don't really affect the price of these or any stocks much like institutions do. Today is a good day for institutions, because the majority of the sellers are retail, coupled with no buyers causes the price to fall. It just allows them to dictate price and buy at whatever they please. I mean the fact that we traded about 0.01% of the float and at one point were down 10 cents shows what can happen without institutional support and others getting out. Then again, we can see what happens with good news (in the right market enviornment mind you).

If I had the institutional kind of money, I'd have no problem putting a huge million dollar order in (incrementally) and sitting back and letting people sell into my bid. For these guys, every penny is a big deal...they want the best deal...just like any of us.

I expect Sprott to start buying soon again. I know they haven't sold, but I know they're going to keep buying like they said...they just want to get in as cheap as possible. Those guys must be super happy, being that they started buying heavy the very first day last April all the way to $3. I bet they never though they'd be getting in at these prices again. They control a lot of shares (24M right now, and they'll add more), and I expect they'll let this play out and and do very well...imo.

Rocco:)

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