exfiles, I am tempted to think you are taking the proverbial with us. You call yourself exfiles and you "trust no one", is this coincidental?
Do really think it is likely EXT management have fabricated or taken part in fabricating this press release? If so, why? They already control THE premium Uranium find for many decades and you think they need to fabricate stories?
I will agree with you on one thing, EXT IS locked up. The 15% statement is a flight of fancy. There will be few major holders who would part with enough shares to allow the Koreans to accumulate 15%, infact there won't be any. Secondly EXT management would never get major shareholder agreement to issue that many shares to the Koreans because the dilution to themselves would be unacceptable.
That only leaves on-market accumulation and even there it is no-go. If you look at the last top 20 (I think it was Nov last year) the top 20 held about 85% of the shares and I am willing to bet that the top 100 would hold over 90%.
How the hell would the Koreans get 15% with a stock that tightly held? The last person to try that was Dattels and in accumulating nearly 10% he drove the price from $1 to $10.
So, I agree with you that the Koreans and the 15% will not happen but if you are saying that EXT management are feeding lies to the media then you are dead wrong.
p.s. BMN is no comparison to EXT, you should not even mention them in the same sentence. EXT is the premium, the cream, the best thing the U market has seen, BMN is headed for liquidation and only exists from here on to provide an easy, well paying job for management as long as they can find suckers for future cap raisings.
EXT Price at posting:
$7.56 Sentiment: Buy Disclosure: Held
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