My only concerns are with the market sentiment as a whole. All of the companies I have invested in are all cashed up for the season, so they will not need to go to the markets until after the drills have done some work. You have to consider that SGR is really the only sure thing, all be it slow growth, all other Rice Lake plays are still speculative IMHO and will be subject to volitility. This could actually be a good sign as some long term position from a past financing is being moved into new hands. As long as it is being taken up I see no problem and I am going to put a bid below market to see if I can get some shares for my TFSA. If not I will probably put in some more Cougar.