HJ3
Whoever is selling is likely experiencing a loss? Over the past three years there have been only a few million shares traded at sub $0.09 cdn. Even the recent early exercising of 5 million warrants by Williams Creek in July 2011 at $0.125 should not be suspect as they know the value of the deposit so why sell for a loss on that or their PP position.
Could be either broad based tax loss selling or a not for profit seller to hold the price at this level prior to another financing. I don't have any answers.
It appears that share ownership is becoming concentrated in a few hands as well as by small retail investors like us. We could have quite a few million plus holders amongst us.
Technically speaking, gold and silver are approaching the apex of the wedge. A coiling so to speak. Which way it will break is anyones guess as manipulation continues. I took a recent silver position but will exit quickly if I have guessed wrong.
I have not sold any TDC shares but will not purchase more unless the silver trade makes a positive contribution to the pile.
Woody