I believe that the latest company that lent LBSR money in exchange for shares is Tangiers. I always forget the name of the other company, but will look back and see if ElisC on the other board mentioned it. As you can see from PoorRich's post, some of the trading was capitulation but not all. It does really astounds me that someone would pick this time to finally capitulate. With possibilities on three claims to varying degrees and to sell at these prices is puzzling.