Ann: Pre-production at Kachi with Pilot Plant Construction, page-80

Thanks Suw. In fact, yesterday was a perfect example why we should persevere in having that conversion provision removed ASAP.
Again, I'm not saying that it IS being abused, but, it creates suspicion and doubt when you see a buy of 800K taking the SP from 3.7 to 3.9 and within an hour, with just over 100K shares, the SP is sold back down to 3.7, yes, 3 steps forward and three steps back, the way it has been for the last 4 months. That's how you can make "favourable" VWAPs, if so inclined. And having your own choice of 3 over 20 days is extremely "fertile" ground.
In fact, it was much worse when the SP reacted so positively to that good news, but was not able to be sustained with heavy selling dominating trade. The SP went to 11.5 on 3 June and 10 cents on 10 July, just after and during when all of those Notes were being converted in the 4-5 cent range and all subsequently sold. That sort of "coincidence" is what "could" raise suspicion and doubt in traders.
And while that provision is allowed to remain, suspicion and doubt will not go away and nothing kills a SP and traders' sentiment like suspicion and doubt, especially when we see possible evidence of it being effected.
Yet, we still see a 3B with a conversion @ .03627!!!!
Let's all tell Steve what we think of that conversion provision, otherwise????