I don't know if I would call the selling over the last couple of days a panic. A lot of people are looking at 75-150% increases depending on if they bought in the last 6 months or so. I unloaded 100k in January, which netted me a tidy profit and allowed me to buy in again last month, inside my TFSA this time.

There is no shame in day trading, and we should embrace it. If CLF is interested in buying us out, the day traders will not do any harm to the price. In fact, they may help, since the increase in trading volume will draw attention from other prospective players, who will dig a little deeper and realize the potential buyout lurking.

In the long run, i don't care if the SP is $0.10 this Friday or not. The shares I have now are all going to be sold for a lot more.

GLTA!!