I added on to my previous note while in edit mode and ran out of time, so I am posting the original note along with the rest here.

These guys in the Vulture Fund (see below) expect that prices will continue to go down in the small caps for the next few days until 2011 tax loss selling is complete, then will turn back up again. They go so far as to suggest it could possibly look like the 2008 tsunami, followed by the March 2009 recovery, beginning in January. They are picking up cheap shares, but reading between the lines it looks like they are waiting until next week when they expect prices to be lower than now.

So hypothetically, B&S are financially starved, the BoD issues a PP just before this market drop happens, but then fires DW without legal cause three days later, a few days before tax loss selling really gets going. "Suddenness". Hurts the PP for sure if we believe that DW has the solid reputation to attract financing. But also it could look like planned sabotage of the PP.

And on the table we think was a sale, which maybe DW refuses as they likely knew he would, and the consequence is the end of his major major life commitment to Yellowknife which was the subject of his Ph.D, and his life work, and Tyhee without the anchor.

But on the other hand, Interinvest partners might still be buying - or at least were possibly still buying 45 days ago, so the firing also seems sudden and unplanned.... And tax loss selling only lasts for a couple of weeks after the PP, after which the small cap market rebounds, so perhaps it is not as bad as it looks ... So why not wait for January to issue the PP, maybe at a higher price? And if they were selling, why issue a PP at all, and take the risk it won't be completed, during tax loss selling season at the rock bottom price? Who are the vultures here? Any more thoughts Hansix? Anyone else got some ideas? Ike

http://www.gotgoldreport.com/2011/12/why-we-remain-bullish-on-small-mining-shares.html